You have to own the stock to place a sell order. So this goose...

You have to own the stock to place a sell order.

So this goose holds the stock, wants more, and will be sitting on the buy side hoping to pick up sellers forced under his sell order - but he would need around 10 million in the sell order to have the desired effect. There are plenty of lowly HC daytraders who could throw $130k at his sell to take him out, it is not a serious capping attempt - and will most likely be pulled or moved on market open.

He probably placed it so early to encourage other cappers to join him, since he doesn't have enough stock on his own.