I don't like to give out too many trading insights....but the best way to know a short attack has started, its very simple!!!! Shorts take charge a resisistance ...they wait for the markets makers to move the stock to that resistance...this is done by creating fake liquidity....meaning they wash trade the price up to attract buyers...this can be done in two ways: one, the client or |so-called CEO hires the maker to create liquidity in order for the CEO to sell stock into the liquidity, now the CEO doesn't sell the stock himself, thats illegal unless he puts out a form 4, so they give the hired maker a certian amount of shares that the company wants to liquidate...you will never know exactly how many shares the client wants to sell. . When the market maker has done his job, he signals to the shorts, he is done his work for the client and the maker can now go short. The short starts to buy big amounts at the resistance and or top. So, if you don't know how to read a chart and know when the resistance.... you will get caught. If you see big buys at resistance, the next day the stock will fall. you have to know how to short stocks in order to see when this happens.
When you have a stock with no fundamentals, meaning no revenue or cash flow, the shorts will always be around. The only way for a stock to go up when thay have nothing in the tank, is to pay a maker to run the stock, this is common practice, especially the otc.
Stock is being shorted to the next support of 28c