Looks like this is the reason why someone's been hitting bids for the last 2 daysREGAL Funds selling a small portion of their holdings to which I have presumed they are infact LOANING the shares to some CFD provider to commence a "short trap".
Some have taken the shares loaned by Regal Funds who are masters of creating massive short squeeze pumps one only has to look at ZNO FYI RFG ATU where they made them rally hard can't remember if MYQ also had some Regal Funds on.
Sentiment is NONE until it has decreased supply, a firmed bid and signs of short covering taking place. Right now it's just been confusing price action as it's been on my radar but cannot see entries. A clearance of 20c 52wk highs would put 25c - 30c in play just depends on how much Regal Funds wants to squeeze it as the all time high is sitting just above 40c levels
P.S Options are exercisable at 20c and 25c also Weekly Chart could be a 1st Green Week on a multi week runner especially once we take into account the volumes. Not expecting much this week, with more clues as the week progresses GLTAHz will still keep it on my watchlist just a lovely trend
