why are they manipulating this down? The answer is ...one ot two reasons and both come down to making a lot of money. Either they want to steal some cheap shares very cheaply or worse yet they want a base with wich to initiate a take over attempt before the protien and 4050 new matures and the shares go way up. So t he act NOW! The manipulation today was palpapble. Large blocks of shares kept knocking the price down throughout the day. In the last hour those large blocks came thick and heavy and the coup de grace was a huge block of some 700,000 shares flooding the BID at around 3:35 PM that buckled the price at the end with many preceding and follow up blocks of 25k to 80K shares during the last hour to the close. This is clearly not retail action (except for the few weak hands they scared).
The key point here is that the only reason the manipulator is doing this is because he wants to make money when the shares he bought cheaply go up and he makes lots of maney or he goes for control of the company and makes even more money, BUT in both scenarios the plan depends on the shares going up and being very valuable. Even more so if they are going for control of a very valuable company on the verge of huge revenues. This is not bad news someone heard and causing panicked selling. This is clear maniolation to get something they perceive as very valuable down the road and now is the time to cut you out and get themselves in at your expense.
The only possible reply is to buy yourself if you have the money, hold if you don't and hope that the poison pill PLI has will work so we avoid losing control. Selling is exactly what they want you to do. If they are the only (majority) seller then they will lose on the effort. They soend money to drive the price down and gain little by it and lose when it goes up again and they have little to show for it.