Yeah, this is not retail investors just selling ou

Yeah, this is not retail investors just selling out. It is also not daytraders since the volume would be strong in spurts. This is the funding that Joe can do and they are having friends push the price down. They get shares at 92% of the last 5 trading day average price and up to 200% of the trading volume. So if we average 2M shares a day, Joe can put 4M shares to them. And at $0.23, less 8%, that would be about $0.20, so it would only cost $800K to get those 4M shares. Not saying Joe is going to put shares to them at these low prices, however Bear Sterns was at $10/share during the 2007/2008 crisis and solvent. However their lenders turned off the daily funding and they went out of business in 2 days (that's right, 2 days). They may be trying to push his buttons to see what they can force him into doing.

Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.