great question Triple, who is holding this company down and why. IMO opinion it is either the mm, the company trying to false an shareholders' agreement to a r/s or some other force trying to keep the share price suppress to make a low ball offer so that most of the shareholders whom might have bought way below the offer will take the low ball offer, that is if someone is planning making a buyout offer or a tender offer. This just my guess.
also it could be a possibility a company who has the funds can cause a stock to crash by stay on the Ask shorting and doing naked short selling anything to help drove down the share price and start buying most of the shares when the share price fall down to its desired target. The company and its goonies can do the same thing force the share price down and have others to buy these shares in order to get a control proxy vote for a r/s.
You will be surprise of some of the chit some companies do to get their way. Bal is a nasty little monster of a CEO towards his shareholders.
Yeah I said it and meant it.
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