This is what you call Naked Shorting. What matters is ETIM is in a huge growth stage. One day ETIM "could" explode into a huge forward share price when you least expect it. This could be someone trying to buy as many shares to buy them out or a competitor want them to fold. Could be a lot of reasons.
One thing about ETIM have a lot of outstanding shares out this does make it much harder for anyone to try and take over the company. That part could be a positive. Buying more shares at this price may also be a super postive move.
But we really do not know the real outcome until it's to late.
Look at all the banks today. There prices are all time lows. But it seems people are just to scared to buy when things get negative. Timing is everything in the stock market.
ETIM and investors should call sec on this naked shorting.
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