Actually, IMO, about 30% of the manipulation is from the company itself, 35% from hedge funds that have an ear to the ground and know how unstabile this company is and when empty promises are likely to be coming forth, and then 35% or so is from the companies and legal entities that the company has dealings with.
They all work through their respective brokers or direct trading set-ups which trade through the likes of CINN and EDGX MMs to get the highest pumped up sell prices after they know a nice rumor is going to be put out so shills on the message boards will pass it around to get the price up for them. The shills will protect the company by trying to disuade any of the concerning information to be seriously discussed at any length so that new investors might be cautious. Once the get the price up as high as that piece of supposedly good news can get it pumped up to, the company gets real quiet so the frustration will begin setting in on the retail buyers that just bought many of their (and the cohorts attached to them) shares at those newly inflated prices. Remember they are inflated because those prices were based on a "Rumor" or a "Promise that Peter has something good he is about inform the investors about", LOL.
Once the retail traders (guppies, as some would label them) start to give up, the brokers working for #'s 1, 2 and 3 start phase two of the manipulation: 1) company diluting and/or 2) an attached entity dumping their shares obtained from the company in pay-offs and always 3) hedgies dumping from a previous frontload or just outright shorting. The hedgies (that the company states they cannot stand) can do this at free will and to the extremes, because they know the company's game of not being dependable, and Peter continues to privide them with ample ammunition to undermine the stock).
The brokers of manipulators 1, 2 & 3 hit the stock with upteen numbers of shares to drive it down, so they can then start the next cycle with the next Rumor or Promise from Peter. This goes on and on until the confidence erodes so much that they cannot get much of a move or until the company runs into a negative force field like being pulled from the exchange. At this point the company decides to just do another RS so that they have a whole new inflated price to begin diluting into again.
So Yes, Major manipulation and Dilution it is.
AI
