I suspect it is just flippers - this has been a really good flipping stock over the last year. Not a big fan of the mm conspiracy angle, although it may be real - where there is money to be made things like that do happen. I think it's all programmed in and just an algorythm most likely though.
It's had a decent rise and may continue. I'm on the fence and the general market correction is one of my concerns - of course so too is the status of IOSOFT.
If it really DID begin in December there is no reason the company can't give a status update.