Funny business in today's trading I have been hit

Funny business in today's trading

I have been hitting the big boards for scalps this morning and maybe I missed it, but the high bid was always at .0036 whenever I looked. So, to see bids filled in the 2's and 3's tells me that this is straight up funny business by the bears.

They may have triggered some stops to get people to dump at market, but they could just as easily have been doing market order dumps on their own to wreak havoc on the tape.

If you take a look at the daily chart below, they got a low intraday print just above the higher low support line. This tells me that this is likely a shake out tactic to keep from getting short squeezed into the weekend.

They have dumped repeatedly into the 50 DMA over the last 2 weeks which is just under .004. They do not want to go into the weekend out of the money so they are trying to keep the price suppressed.

If someone comes in and starts buying up on volume and pushes it up to .005 or higher I think they will be in trouble. I have this exact same problem playing out in another stock right now, where the bears constantly pour on the attack towards the end of the week so that they can get their short positions closer to in the money before the weekend.

[IMG]http://i.imgur.com/Buyvg.png[/IMG]