MM's did make $ in last two u/t.
Your questions are valid but please understand the nature of the short/naked short seller, specifically with EQBM. I know from FACT that the MM's have minipulated the pps thru the last 2 u/turns and currently. Why? Many bids at higher levels have been passed over and lower bids have been accepted. I have tested with small share bids many times as pps was increasing, and was passed over for lower bids. This creates a psychological negative and traders think best to bail or not to invest, driving down the price. Shorters are taking every oppty to bring the price down and get rid of shares consistently prior to news. Every short term delay allows them to continue. I believe that's why CEO put gag order on T/A on o/s. Also why CEO asked that investors register their share count with the company.
Regular traders are gun shy to invest while at the same time the technicals of this stock are getting stronger every day. The latest charts show a SBTG type accum. and MACD base @ centerline prior to news.
CEO of EQBM thought it best to gag the T/A on info of o/s to not allow naked shorts to know #s anymore. Yes, some stocks get hyped up without real news, but the deal in China is real. No CEO would hype a stock with specific revenue #s and o/s count on a taped interview. Liability is huge. PR's are one thing but for the CEO to be that specific is another.
Plus, just going by Chart technicals alone this is getting juicy.
Best Regards. Not a buy or sell recommendation, opinion only.
