I don’t understand NEGG. Not against it as a company. But it’s such a weird stock.
That thing ripped from 10 bucks to 60 bucks in one week in early July. On no news. And no articles written about it.
I have a theory that isn’t back by anything. I think Hedges allowed that stock to soar. Any order that put upwards pressure on the stock price went to the lit exchange. Everything else to the dark pool.
I sometimes think they allow a stock to balloon….and THEN short it at the top.