The remaining retailers on Monday forward will be in on a heavy reflation.
These guys have to clean up the blood. Nearly the entire town of retailers in the Wild West are shot dead in the streets. $13-15 FAST. COMPLETE SELLOUTS.
7 days of indiscriminate shooting of the town folk. Very few left. Self-serve at the bar. The bar tender was shot. Need something at the grocery? Horse feed? Some flower? sugar? Take it yourself. The woman and her husband who owned it are dead. Shot out back. Need some lumber? Help yourself. Leave an IOU. The guy that works the saw was shot in the back. If you are looking for the sheriff, THERE IS NO SHERIFF. Every man for himself. Looking for a prostitute in the saloon? Go talk to the company orchestrating this destruction. They know all of the W - H------R---E---S.
Through all of this corruption of purpose and absolute abandonment of an orderly market (the MM has betrayed all retailers and played this to the downside as far as they could go with no intervention or support of any kind), the thesis is that GS believed and portrayed their due diligence of this company revealing a strong company and they said their view was that the short thesis was unfounded, so this company should be valued by the overall market as a $20 + company, yet for 7 days, this stock has been ripped into pieces with shorts and HFT programs shredding any semblance of supply and demand as when sellers left, they moved into the BID and ASK and destroyed it with no intervention by any long entity or MM representing order of any kind. CORRUPT AS I'VE EVER SEEN -