I've been watching this stock for the past two weeks... If were long I would've certainly alerted the SEC. They're definitely sleeping at the wheel (as usual).... All the red flags are there. Volume is artificially limited... Ridiculous Selling bypassing the highest bids and sold thru the exchange with the lowest bids .. Routinely forced down at close. Perfect example today: At 3:55PM almost 100k shares bought at ask swept up from $.6734 to $.68. Then 1200 shares sold immediately after to low bids to bring it down $.669. Then at closing nearly 8000 bought at ask to bar high $68 then 300 sold through the exchange with the lowest bid to force a close at $.66.
Well, considering the stock went up to a $1.00 on 1/22 and 1/23 closed down on 23rd and has been pressured down since. Short interest as of 1/15 was 9,090,317. Then short interest as 1/31 came down to 8,369,852 that's 720465 covered shares. Meaning even with the spike there were no new short positions. In my opinion, big players with heavy short positions are artificially pressuring the price and limiting volume to shake or tire out retailers as they quietly cover. Short interest has been going down since 11/30/2012.