Does this sound familiar? I think a lot of trades should be traced/checked, to see if they came from off shore accounts. This stock was and still is very strong, and there have been many instances of cross trading the sp downward. Its ridiculous to see this sp so low and it seems it took everything that somebody had to get it this low. Are the integrity of the markets at risk?
When (shorting) … The hedge fund mode is to not do anything remotely truthful, because the truth is so against your view, (so the hedge funds) create a new ‘truth’ that is development of the fictionâ€| you hit the brokerage houses with a series of orders (a short down ladder that pushes the price down), then we go to the press. You have a vicious cycle down — it’s a pretty good game.
http://shareholdersunite.com/the-ioc-files-useful-background-material/short-sellers-and-naked-shorting/
http://agoracom.com/ir/steliasmines/forums/discussion/topics/545134-very-informative-read/messages/1718261
IMO