NanoViricides Inc. (NNVC)

[JG36]

I've noticed that any time any stock goes down somebody pops up with the bright idea that this is due to manipulation by evil market makers who are shorting the stock. Market makers will mark a stock up just as happily as they'll mark a stock down, depending on the order flow. They don't care if it goes up or down, so long as they can keep scalping profits. When a stock goes up I never see the longs complain about the manipulations of the market makers. Of course today most "market makers" are HFT bots. Market makers are short term traders, I see no evidence they can consistently keep a stock up or down for a long period of time.

In my humble opinion the stock price is going down because disheartened long term investors have joined some short term traders and are selling their shares. Remember that the last time the stock popped up it wasn't because of great progress by the company -- it was because index funds we're buying. Did you think that would continue forever?