Think about the guys holding the big chips, enough money to make a difference.
These sharks have been swimming the waters of the OTC market for years and they know when a stock goes through an r/s that it can be shorted to kingdom come.
I don't have an account that allows me to short stocks, but the people who do make big bank on these typical value drops.
I see a lot of people who complain and think a pps going up is the only way to make money. Have you ever considered despite the fact you're 'in love' with a stock, that you can make money on both upswings AND downswings? The biggest mistake people make is thinking the market can be evaluated in black and white.
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