When no one is stepping in to defend the share price from short manipulation then that's all it takes. Using 1000 shares is less risky to whoever is passing them back and forth. Awake sleeping giants, awake! They just need a reason to defend the price, and right now there is none.
I'm trying to imagine a scenario which would justify buying AFFY at around 20 - 25 cents. Seems to me that would not make any sense unless AFFY had already gone through BK. Would it be possible for AFFY to declare BK and then absolve themselves of all lawsuits? Would the stock still be traded or would it be completely de-listed?
I am trying to understand how AFFY would ever justify any sort of investment. It's hard to imagine. If there were some way for them to completely eliminate O from the company, along with the O-related lawsuits (not sure if that is even possible with BK) - then I could see a small amount of value in an existing shell company with absolutely no assets or liabilities. The value would be in the fact that it is a publicly traded company already with a presence on the markets and uber-pitchman Orwin-san lurking in the shadows.
Is there any way for LAFFY to rid itself of the humongous lawsuits and if so, what would that mean for AFFY the stock?