No, but this one seems to be. Please, you tell me why it keeps hitting new lows. I don’t know.
Obviously more people are selling than buying, as well as substantial short positions driving the price down. There is an average of 2.6 million shares traded per day, and with the price at $3.30 that comes to less than $10 million per day, making it an easy stock to manipulate. Is it going on now? How the hell would I know?
Do you own RVNC? I try not to figure out the motives of the market because you can't. Obviously I would prefer the stock be much higher but I have been able to do some tax loss selling then buying back to increase my shares. Making lemonade out of lemons if you will. I will likely do the same later in the year.