Seems possible if the stock traded high enough to have it make sense for the shorters.
Reason I'm posting here today. This ticker is an offshoot from the used auto dealer UPCA that got involved with a fake aids cure in mid 1999. I managed to make some 300% on a one week trade. A couple days after I sold most of my shares, the SEC suspended. The scammer behind the "cure" went to prison.
6 months later, I heard about a fake "god" stock and it became my first foray into the "basher" "underworld". https://investorshub.advfn.com/Wellness-Universe-Corporation-fka-WELU-5092 I became scion's "sidekick" in helping expose the scam, IIRC, on ragingbull. It also was zapped by the SEC within weeks.
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