im usually 99% against the "MM manipulation" theory... but this stock opened 2x, with a massive GAP down...Now i do 100% believe groups can manipualte a stock easily. Its not hard to get 5-10 whales, to run it up, then sell, then whack it down on purpose to each other, run it up, etc.
it doesnt make sense...
First Gap was 04 to 025, without any real reason, no CE, nothing...
you cant honestly say there were 0 bids between 04 -> 025... you cant really say people went to sleep at night when the price was 04 and said, you know what i really want out so bad I'm willing to sell for half price.
Same with Friday...
026 close.... there HADDD to be bids from 02 -> 009/008/007/006/005/004
Maybe YES maybe, alot of etrade bidders got their orders cancelled once it went to CE, but to me for as a traders mentality, im going to chase it down if i need to dump, not start my order 80% lower then the ask
That imo, is the manipulation... now, NSS, still dont buy it. Cause friday if anyone was NSS from 02/04/07, etc. they would have clearly covered just incase of a suspension.