I disagree, i think he is shorting. No other reason to be the lowest ask at all times. If he was trying to sell he would be not be capping the price. Like i said he could still be selling these shares for 1.2 or 1.3's or higher if he wanted. He will have a big chunk to cover once he gets the price low enough.
If you have enough $'s you can essentially control a stock at this level. No ihuber is going to move the stock.
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