That is one constant you will find it. Blame it on shorting. Do you have any idea how expensive it is to short a penny stock at this level? But that old story gets put out there. When a stock rises it is because it is good, when it falls, it is shorters. Perhaps you might want to think the reason the price is so low because the airline has yet to take flight despite any day now flights since 2007, it has no earnings, it has nothing except a vague chance of becoming a one plane airline, using the term very loosely. Shorts get blamed for everything when a stock fails when in actuality, the stock did not deserve to be higher than it is. In the absence of revs, the stock is a gamble and some are cashing in their bets, some are cutting their losses, some are taking those bets. The world of pinks.
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