How is it possible?... bid support starts to dwindle as buyers jump eachother and exhaust their funds to buy at ask. Then when action slows and the bids dwindle the MM sees weak bids and dumps a couple of shares to drop the price substantially and scare holders into selling where it clearly works perfectly as look how many geniuses sold under .038 today.
Again they did this probably because they took a decent amount of short interest yesterday to drop the price when they saw the weak action after the quarterly was released the night prior.
I think it’s possible there is some dilution of course.
EvaIuate "I do not understand how the SP can go up 30% with 8-9 million shares, and that it would only take MM merely 1-2 Million shares to drop it back down to even ... how is that possible?"
Despite the fact that PCT presented a nice interpretation of the 10Q and more than 16 miIIion shares were traded yesterday the pps was hardIy up by the end of the day. This suggests to me that there were some unhappy campers who saw an opportunity to unIoad miIIions of shares.
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