As a former member of the "club" all I can say is that this is masterful manipulation by Nite. We could be seeing a "cleansing" but the absolute lack of response from an IR firm that has been engaged by the company for several weeks is an indication that either the company is happy with this downward pressure or they can't do anything about it. Either way it is not creating any sense of confidence. It is being strategically walked down and when that happens it is seldom representative of anything other than a recognition by the mm that nobody is watching.
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