Castellum Inc (CTM)

[Superthermal]

$ONOV If I remember right, the MM NITE was holding down the ask today after the news came out right from the open. There were 30 buys at .4 all buying shares. The # of shares posted on the ask never changed as the MM kept feeding shares out at the same fixed price. As bidders did not see the price going up or the seller shares diminishing in # (the wall of sellers dropping) they then began to sell the shares they just bought to the NITE bid down lower at a loss and NITE pocketing the difference. So NITE has some shares, sold them high and then bought them back low. Then NITE lowered the endless fixed price to scare all those who had just bought the stock who quickly began selling. That is lame IMO. If not held artificially low the stock would have gone way up form the .4 +/- that is is being held captive at. This is the tactic they used from what I observed:

http://www.penny-stock-brokers.org/mm-nite-shorting/

Only those who bought and held are lucky. We will see where the MMs allow this to go. Another 19 buys have been put in at .4050 with I am sure similar results.