Polar Power Inc (POLA)

[wadirum1]

If you were trying to sell 100K shares, wouldn't you break it up into several smaller orders so as to get the best possible price?

I believe the shorts ran this up by covering whatever they could, and then once the price got to $6.60 or whatever, they wash traded some massive blocks, slamming the bid and taking out stops on the way down. If there were enough stops taken out, they might even have acquired more shares than they sold.

I don't usually subscribe to short squeeze drama. And the short position isn't all that big here really. But I'm enjoying this news and looking on in amusement at what I believe to be some pretty heavy-handed attempts to manipulate the price -- and knowing very well that today's news takes us one big step further along the path toward $10+.