I cannot tell you how much I appreciate your insights into level 2 and the existence of your market maker games board.
Qtipjoe originally opened my eyes to this and I have learned so much since between my experience with TEVE and CPOW and reading your board.
I believe I can see the strategy now:
1) Offer shares at lower and lower Ask in the hopes of turning off the buying pressure from existing shareholders. There are really just about a dozen of us actively buying over here and some are small fishes (like me).
2) Try to drop it daily without going lower than 10% less each day, since when there is shorting and a 10% or larger drop there is a FINRA reg somewhere requiring a cover within 13 days.
3) Send more people to the board hoping to persuade longs that things are going badly. Litter the board but also use PMs. I have had an amazing number of PMs from people I never heard of, all "new" I Hub members (like a few days ago new) "concerned" about what is happening here.
4) Discourage new investors from coming in by having the stock going down daily, even if it's by small amounts (like today), since people see Red and think it's the wrong time to buy.
I think the sad thing - for THEM - is that if they lower this Ask much more I will be able to get more shares again. I cannot afford them at 50 cents -- $100 gets me 50 shares and I need to be buying in blocks of 200 shares, since the Reverse Split is 1 for 200.
