The Eye on the ATM

NEM is a classic rigged stock because the float solo and there's no institutional ownership. And they did that trick where it's consolidating for 10, 15 minutes, it breaks support. They're just trying to create as much buying pressure from all the short sellers can stop out. From all the longs chasing back up, that's that's a way for them to dump as much of this ATM as possible at the highest average.

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