Manipulation? Nah! It not shorting either. There was a boatload of shares bought yesterday and the trading day before. I imagine some of those buying thought they were going to pick up a quick buck and unfortunately found out differently and are now trying to get out with minimal losses. I picked up another mil today at 17. Didn't do much for my average though, dammit!
How many shares has the CEO purchased on the open Market?
I expect
the fall in share price will have a return to new highs much quicker than the slow drop over the past 3 months. I expect a single day or two of significant PPS.
It may be tomorrow, it may be 3 months from now. The current PPS is being manipulated.
The LONGS will win. IMHO
Could it be that there are too many shares out there and not enough interest?