This would not be a big stretch in light of yesterdays SCOTUS decision on insider trading. A direct compensation link is no longer needed to prosecute, thus reversing the Appellate 2nd Circuit decision last year.
SEC has already gone after fake news to aid a trading position
Fake news / rumors whatever one calls it - if a linkage can be found the SEC would appear to have grounds.
On a TA note the acceleration of the downtrend that started on 11/14 is conforming that rate of decent. If maintained it would predict a maximum price of 90 cents as of 12/31/16. Minimum price on that date 75 cents.
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