the MMs have traded the tradeing range to FU up. New range will be 116 to 123 then drive up to 128 Will then be put to 135-140 by the public, then the rug comes out again.They wont drive it down below 110 because they cant manipulate it down ther. As long as hope is maintained, they keep ypu in the game. Anyone who is long put a sell limit GTC of 200 if you can on your shares . If we all do this you can keep out shorty, or at least make life more difficult
I have been trading for my account since about 1996, and have to admit that I have never able to get what I feel is iron clad information on the idea of putting GTC orders on your shares to limit the shorts from borrowing them.
As much as I like the idea and wish it were true...I just do not see any evidence that it is. One would surely think that if it were that long only mutual funds would do just that.