JAMMERR, welcome to the fun here!
IMO, everyone has their favorite conspiracy theories about manipulation:
The MM's are crooks
The company is diluting
Hedgefunds are pushing price down
Bayer is trying to derail PHAR
A millionaire buyer is trying to get more shares cheaper
It is all speculation.
Since PHAR started up only a few months ago, none of us can really be considered 'old-timers' here. But those of us who have been in for a while were bid-whacked badly by a crew who front-loaded and then dumped the price down, bragging about it on their way out.
Some of us had bought in an decent position in the .03's and was just watching this new stock move nicely as a healthy stock when that happened.
After that..the real momentum of this gem was lost and now we are waiting for solid news to help push this back to where many of us believe it should be.
The problem is, since we know actual revenues won't be coming in for about a year, most filings may not make this really jump like many feel it should because they most likely will not show anything substantial.
Also, many who were here then put most everything they had in then, so they haven't been able to average down. Luckily, I have been able to buy more 'discounted' shares.
So, it is quite possible that it is simply hystrionics or it could be some weird things going on. Most likely, many here still are stinging from how they felt 'violated' by some crude dudes. So, it is easy to read into L2 what someone thinks is happening. Actually, we all just need to move on - but it's hard to do when some here are looking at their investment down by 1/2.
I have posted many times here that the best traders are emotionless traders. It is hard here for me to be emotionless, because I really am sold on the CEO and the future product.
But, without emotion, I would want PHAR out of the pinks, I think it would add to their legitimacy and transparency and may attract some more buyers.
Also, I think it has been trading like a normal penny stock would in the past month and a half that does not have a current revenue stream - but definitely not like I WANT it to!
IMO, the more we get shares in stronger hands, the easier this will move. It has a low float and incredible potential. We may just move on the technicals alone. But, IMO, when we move, I think it will move quickly.
BTW, one of the nice side-benefits is that there are some really nice people here. And I am glad I have made their acquaintances.
All The Best