Agreed. VERT was gone around 12:30 pm and VFIN was not active. Dilution occurs on the ask side and you can easily spot it because the diluting MM will put up large bid blocks to give the illusion of bid support in order to lure retail buyers to bid above him only to then move those shares on the ask side and unload onto them. This pattern did not occur on IDVC today.
All those large dumps were at or below the bid and NITE, AUTO and ETMM are obviously not dilutors. Mostly retail panic sells after that 7+ mil dump but I also suspect some MM naked short selling after watching what NITE and AUTO were doing after lunch (skipping over bids and swapping shares lower). Also a couple of retail sells below the bid @ .0026 during the last 20 minutes or so when there was more than enough buying pressure hitting the ask @ .0028 to accommodate those sells was highly suspicious as well. Retail trader wanted to knock it down lower close to the end there, IMO.
Will try to confirm with the TA tomorrow regarding the Share Structure but I doubt there’s been any changes in the last 2 days.
Lots of price manipulation in both directions and a couple of posters with bipolar personality disorder here. The speculation of news this week (which the company never hinted at) is doing more damage to this stock than good and those short or wanting to buy lower will only use any news that isn’t delivered by Friday to try to drive the price even lower. I’ll take a solid fib retracement and subsequent reversal over news hype any day. Would actually prefer not to have any PRs this week so soon after the last update as the second PR is always heavily sold into, IMO.