/biz/ - Business & Finance

Our current theory is that GME stock drop has to do with ladder sells/manipulation.

As our evidence, we use todays VOLUME, which was very low relative. (See Below).

My question then becomes, why then during the HIGH volume trading days (Jan 22 - 196MIL or Jan 23 177MIL) does the stock ONLY move from appx. $65 to $75?

See the GME short volume per day below.

>January 5
4.96M
>January 6
6.06M
>January 7
6.13M
>January 8
6.46M
>January 11
14.93M
>January 12
7.06M
>January 13
144.5M
>January 14
93.72M
>January 15
46.75M
>January 19
74.72M
>January 20
33.47M
>January 21
57.08M
>January 22nd
196.78M
>January 23rd
177.87M
>January 25th
177.87M
>January 26th
178.59M
>January 27th
93.4M
>January 28th
58.82M
>January 29th
50.26M
>February 1st
29.62M (so far)