Why would a shareholder try to force his stock down
Putting in a limit order for a stock you own is not "trying to force" it down.
Unless maybe you are a Jedi knight. Or the evil version of a Jedi Knight. I forget what they're called bc I fell asleep very early during the first Star Wars movie and never woke up again.
Howdy, 2 reasons really. When I put the order in, it was at like $1.20, so something about 95 cents would be a down of about 20% from the then current price. Also the crazy .9559 was for the reason that if I buy "X" thousand shares at that price, it brings my average cost down to a nice round number.