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Great discussion and I agree. It could also be that an arbitrage fund is trading this stock lower to snap up shares for free. Shaky hands go away if the price drops, and that's what they are trying to achieve.
It is the same pattern of trading like the ones that went already private CSR and HRBN.
otc,CSR and hrbn had periodic short attacks from Muddy Waters, Citron, Alfred Little ... and whoever they really were. So far, none of that on fbet. Smells like fly by boiler room to me.