I was watching the stock yesterday and I don't remember ever seeing 7 million shares sold in 50 minutes. Do you have a summary of all of it? If you are right, then my scenario seems less likely but EIPC, being a sub penny stock, has probably 50 longs who are also traders watching it all day long, so 7 million isn't impossible. Like I said just 20 scared and annoyed longs selling $1,000 worth would do it, if there was double counting of that 7 million and it was really 3.5 million.
Also, wasn't there discussion on this board just in the last few days of some twitter guy that was putting out some fear-posts? Perhaps he had loaded up..but our active trader-longs were fidgety.
Note too that today the stock is up .002-.003 on very low volume. This stock moves easily on low volume, making it ripe for manipulation of the kind I mentioned, and the big-shot seller knows it can bounce right back easily once the hoopla is all over.
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