The market makers job is to deceive the masses. If you remember the other day they traded it up to $3.32 in pre-market then destroyed it in regular trading. This is what they do.
This stock is heavily manipulated like most... I suspect some big investment bank still has a short they're exiting. Its fairly obvious its being held down by some powerful vested interest. News doesn't move stocks, MM's who work for the big brokerages/investment banks and algorythums do, and only when its in their best interest.
If you look at the Ihub trade tracker, sells outnumber buys.. kinda odd considering the news.. I think shorts are exiting and the only kind of shorts that get that kind of accommodation are the mm's who work for the big banks that sign their pay checks (imo)..
Plus, why would the company want to buy back at higher prices?
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