RE:Such a slow day - strangewhy is it manipulation... why isn't it just the market?
The company will generate $50 million in sales this year... and perhaps eke out a smallish profit. Its valued at $200+ million... so 4x sales and infinite P/E.
I'm sure there are investors that don't believe the ramp will occur as fast as management suggests, or there will be stumbles, or there are competitors that are cheaper to buy? A market takes buyers and sellers.
If you have different views on valuation metrics, share them... calling market moves manipulation doesn't help much. Dig a little deeper.