WPNV No doubt, with shorts feeling the squeeze an
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WPNV
No doubt, with shorts feeling the squeeze and are now in the 10th day with a Reg SHO or a failure to deliver FLAG, we have started to see some Market Maker manipulation to entice panic sellers to give shares away at super cheap levels.
Actually, some might have called today’s action a “Bear” raid showing desperation here by the shorts:
An Attempt by investors to manipulate the price of a stock by selling large numbers of shares short. The manipulators pocket the difference between the initial price and the new, lower price after this maneuver. Bear raids are illegal under Securities and Exchange Commission rules