There's usually two kinds of groups at play. Bear
Post# of 5570
There's usually two kinds of groups at play. Bear camp 1 just wants to slam the bids as low as possible to shake out the weak hands and pick up cheap shares. If you are watching the L2's right now, you will see all the bid volume in the mid 2's and 3's. Those guys are just traders looking to buy low and sell high via price manipulation. It happens all the time. Bear camp 2, who I think the board bashers represent on iScam, are actually trying to demolish the stock and never have to cover.
Right now, we are playing with/against Bear camp 1. My expectation is that they will continue to rock the boad hard this week, probably really bad Tuesday/Wednesday, and see who lets go.