I think my next round of research will be oriented toward showing that hedge funds prefer companies in SIntx position which provide them with near risk free profits and quick liquidity. Meaning these Hfunds want to keep SINT undervalued. Low prices allow for greater returns as % movements are larger with less capital needed. They would also be after control of the stock and to scare investors away to maintain that control. This could be another reason hfunds preform better when companies stocks are in bearish conditions. We all know Hfunds are the ones that engage in P&D activities and they like to use companies management as a scapegoat for their actions.
As shown with the offering round at .25, hedge funds naked shorted from as high as .52 cents before even buying a share. They made millions (paper returns) before even buying the offering and then closed out those naked shorts at .15 or so in the span of like 2-4 days. If they are still around then they successfully shorted from there profiting further. This cycle is why SINT is so undervalued. Hedge funds do not care if long or short but they seem to be more profitable in a bear market (holding short) than bull (holding long) because they can better play the up and down. SINT has been in a bear market conditions since IPO. Its these same hedge funds pumping the price now to increase their profits especially as they'll be shorting the RS because they will get guaranteed profits shorting into the next offering.