Electronic Cigarettes International Group Ltd fka ECIGQ

[tbone8]

All naked short sales must be covered before an R/S is implemented. MMs have been able to easily manipulate this stock with naked short sales. Basically they have the ability sell stock that does not exist to lower the PPS, trigger stop losses (usually set right under Clays support lines), create panic selling, and cover their naked shorts sales. Rinse and repeat. The more they can control the price the more profitable it is for them. There has been alot of this going on. A looming R/S makes it much more risky for them to do this because they would have to cover their phantom shares in very short time if it is announced and this could very very easily create a squeeze. If you have noticed since the R/S was voted in trading has become much more natural.