Yeah, pretty sure they (ASCM) find themselves in a tough position as they bet against this on the way up, and now desperately trying to cover before "it" happens. We had some volume yesterday because of FOMO and the excitement over the name change, but without a significant increase in volume today, they'll continue using their shorting/covering algo to control both bid and ask. Pretty easy to do when they can create shares to sell out of thin air to stop the move up, then when buying dries up, drop us right back down...
They do it on every OTC ticker that sees spikes/rises like this. Volume and/or a nice big surprise catalyst would put an end to it..
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