RE:RE:RE:RE:RE:Where is the bottom?You welcome,
Another possibility - although you have to really have a devious mind and distorted personality to do this.
It could be that Armistice Capital LLC sacrificed say 1.5 million shares of their Poda holdings by driving the price down to 47 cents in hopes to frustrate the PP holders that come unlocked at 70 cents on October 24th so that Armistice Capital LLC can then acquire their 6,500,000 shares from them at depressed levels as these longs sell.
It could be that Armistice Capital LLC is very bullish and this is a hedge fund strategy to triple double their holdings.
The Poda stock is very illiquid and therefore it reasons that they needed to create some sort of temporary crisis or panic to induce the 70 cent PP to sell.
We will know next week when PP is unlocked and, we will see if Anonymous changes sides and locks the price say at 50 cents by constanting buying as PP sell shares.
It is the only logical conclusion if as you say that this hedge fund has $ 5 billion.