Yes, the chart looks like someone shorted.
But my experience with ASCM is that they are a dilutor.
A dilutor that provides support.
Do you understand what I am saying?
They sell shares at 0.008 while providing support at 0.004
By providing support (and by not selling shares at a low price) traders feel comfortable and start buying again.
By doing this, the company is able to recognize the most $$$ when doing an ATM offering.
People on iHub claim that ASCM is a short because of this, but I don't think they understand what is happening.
Maybe he wasn`t involved in the sell off, and is just providing support.
Do people forget how WDCO was used before? Same concept.
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