You know I wondered about this as well. Obviously, lots of conjecture possible on any ticker in the OTC. It is just a different set of rules.
Kind of like walking around any less than desirable neighborhood. Sure there are streets with manicured lawns, but your chances of being robbed are still higher than other neighborhoods.
I looked at this a bit and my first instinct is same as yours. Why the hell not just leak any little BS? Elon does it all the time! Seems almost irresponsible not to do it here.
Then I started thinking, maybe there is a method to the madness here. Certainly, surprise catalysts have value. But I believe I see an abundance of caution as a possible cause. DBMM climbed a lot of mountains to get here. But they are not to the summit yet. Any attempt to produce news that could be seen as a manipulation attempt could have negative results in the position DBMM is in. Throwing stones at the SEC prior to march 6th could be unwise as well. Definitely an advocate view point, and I do stand to profit considerably if DBMM succeeds lol.
I think the price action can actually be attributed to algorithmic market making. The programs pick the path of least resistance and are designed to breakdown until hitting resistance then bounce off that mark. With much of this float locked up and volume down, not surprising to see downward pressure.
Of course, just one opinion.
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