Abused to the max?I thought there was some weird stuff going on here. So here goes.
This stock was being naked shorted by a group of Bay Street Traders who wanted in on a private placement but didn't get it so they dumped their shares and then started shorting the stock. Then you have another group of trainers who are from the trip board who didn't like the fact that this was going up and their stock was going down or not moving at all so they jumped on the bandwagon and started shorting it as well.
Two sets of Traders shorting the stock. So you had maybe 20 or 30 people going short? No wonder there was so much downward pressure. They were basically attacking the stock. Well now we know what's going on