/biz/ - Business & Finance

>>51309260
Not a whale. Check this out, per >>51297461, there are (or rather, were) 36k FTDs today. Pic related is them covering these FTDs.

This covering activity caused a 12.3% increase in price. Tomorrow, there are a similar amount of FTDs that they'll likely cover at open. Friday there is very little so they're going to tank it to a large degree.

BUT LOOK AT ALL THE FTDs NEXT WEEK!!! The 1.6m FTDs, if handled exactly the same as the 36k FTDs, Will give us a 540% increase in price IN ONE DAY. Obviously this won't exactly happen due to suppression tactics but we will see extreme price action next week.