stock prices are set by traders called “market makers,” whose job is to match buyers with sellers. Short sellers willing to sell at the market price are matched with the highest buy orders first, but if sales volume is large, they wind up matched with the bargain-basement bidders, bringing the overall price down. Price is set by supply and demand, and when the supply of stocks available for sale is artificially high, the price drops. When the bear raiders are successful, they are able to buy back the stock to cover their short sales at a price that is artificially low.
Its a shame but its legal.Who makes the rules so this devious manipulation is allowed to happen. The government one hand wash's the other hand of the other.congress passed a special set of laws which states insider trading is not legal except for them. They are privileged and can trade on inside info. So as long as big hedge funds and other stock manipulators are allowed to control the price of any company they want they will be given insider information to trade with. Anyone else goes to jail. Yes congress is exempt.