There you go! It’s Deja-vu all over again. Whenever stock tries to go up slightly relatively heavy selling brings it down. Stock’s bid neither increasing nor there appears to be any buying interest in the stock. There are sellers & only sellers for this stock. This is because management is not giving the most important & relevant information about the business. Whether management is doing this deliberately & purposely, is anybody’s guess. When any company’s stock is thinly traded or illiquid or there’s selling pressure on the stock, usually that means market’s perception about management being incompetent, inept, lazy & dishonest. What are management’s vested interests in not publishing the most important & relevant information about company & it’s business thus helping manipulative broker-dealers/market-makers in keeping stock price subdued, is anybody’s guess.
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