I think stock manipulation can take on many colors-
For example- a company could have a two-time felon who filed bankruptcy twice. This CEO could/would never purchase a share on the open market but instead would unjustly enrich himself, TWICE, only to be sued and forced to return those shares.
Said CEO would also acquire “bonus shares” from an acquisition that wasn’t put to a vote AND get this is: fires the guy he bought the company from claiming “for cause”. But then said fired person sues Cytodyn and wins! The company is forced to pay $7M in damages and additional stock.
Imagine if that CEO was actively pumping the stock with terms like “Golden Quarter” and “Triple Digit Stock”, while then selling $14M in shares and the CFO is dumping at the same time.
Then, imagine releasing amazing results that are really a mirage. The statements are deemed so dishonest and abhorrent that the FDA issues a stinging rebuke that the CEO openly agrees with on a call.
I couldn’t dream this up and thought wow, this must be part of the 13d group but after further investigation I find IT IS THE CURRENT CEO!! Wow, was I shocked.
But I’d love to hear more about the short seller theory! Because I think the actions above are enough, coupled with no cash, failed trials, RTF on a BLA submission would be enough to sink the stock! But apparently it’s a giant short-seller conspiracy.
Edit: If this is so well known as a poster suggested, why is this comedy about the 12d group perpetuated. What is laid out above is FACT! Documented FACT!!
Next!
Appreciate the insight
Grip