Excellent point, agreed. There always seems to be

Excellent point, agreed. There always seems to be some level of shorting and manipulation in RFMK so I do not doubt that some of that volume was shorted, but according to the daily numbers today very little of it was shorted, unless they are just not properly reporting their daily numbers to FINRA, which could always be the case. The post on iScam about the alleged 14M share shorting today is in my opinion a fabrication or just guesswork and mere speculation. I think it was as you say, some one or a few longs dumping their positions for some reason. With stocks, there is always someone or some group of holders dumping, there always exists sellers for reasons having nothing to do with the company or stock, just margin call pressure or needing liquidity or who knows, that is their concern, not ours. If they want back in they will need to buy in at the current prices and waiting could yield still higher prices.

Most of the days volume today was in the first half hour of trading. By the time the stock reached .003 it had traded about 20M shares with the sellers already out. The low volume walk down thereafter was just MMs shaking the tree. The 15M or so shares that traded after about 10AM into the close were probably just some short sales followed by covers, a few small retail traders flipping a few times and maybe a few longs snapping up a few extra lots at low prices. The problem with so few shares trading is no one can really know if it wasn't just all MM shares shuffling between themselves at various price levels for the rest of the day. Its like football, the MMs have various tag teams to execute different game plans on the field based on what the intention is and where they want the stock to go. When teams are changing fields, maybe from the defensive shorting crew to the aggressive accumulation crew that would send the stock sky rocketing into the stratusphere, they first spend some trading days shuffling shares around to prepare. We are witnessing classic MM manipulation at its finest and always have in the trading of RFMK. It happens so much in the pink sheet stocks like RFMK because the capital required to play such games is rather low, especially day to day. NITE and others can easily draw whatever chart they wish on whatever volume they want on any given day, no matter what news comes out or how well the company is doing. It is even worse when they are able to use naked short selling techniques to dump phony shares (IOUs) into the marketplace, flooding the supply of shares while legit shorting it all the way down, then covering and accumulating all the way back up, rinse/repeat, its a never ending pump and dump scheme executed by the Wall street scum bags along with the crony foreign hedge funds for whom unlimited NSS is legal and those firms employ and use our favorite basher friends on boards like iScum to bash the company, bash management, instill fear into anyone researching the stock, bash the longs, spread disinformation while trying to sway sentiment and coax traders to become robot flippers and day traders because of some generic assumptions that all pink sheets companies are scams so everyone needs to just play the pumps and dumps by the insiders. When they tell you the pink sheets world is a dark scum swamp, they mean it, they know it first hand because they are the ones who make it a manipulative scum swamp!! They probably get a kick out of telling everyone the truth about the crony capitalism going on and exactly what they are doing but making everyone believe the blame should fall on the company management and insiders. The real game is that they assume that all of the PK stocks are crony share selling scams and so they bet heavily against them to make money, all the while bashing the company and management while short selling, which is illegal, by the way. Most of the time, their group tactics work because it does not take much capital to create the reality of the chart they want which assists with their story about the company as we all see a slowly falling stock for all time. However, sometimes they fail because they bet against a micro cap which happens to actually have a great product and a great management team who are dedicated to success. This really makes them angry and because of their indoctrinated and jaded views about all micro caps, they double and triple down on their short bets, throwing money at it to save them from having to cover higher and higher losing them money. Not all PK micro cap stories are losers and once in a while there is one that comes along that is just too good to keep down. An example of this kind of story is RFMK. The company has done great things this year and will continue to do great things, it cannot be stifled by crony capitalism so the usual suspects shorting and manipulating this will eventually flee and move on to attack other micro caps, I suspect. It's just a matter of time; they are probably already so entangled with all their capital, if they were just to rip it all out and be nuetral the stock would probably be trading in multiple penny land and they would lose a lot of money. So they need time to unwind and try to save face and get out slowly to mitigate some losses.

TIC TOC

GLTA!

$RFMK!