They may want to short it back down to $0.04. This company is not doing well at all to begin with.
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I am an amateur trader that will for sure make you lose money should you listen to my "so-called" tips.
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自己念 : It's making lost and bout to declare bankruptcy, not even sustainable at all. People here to buy due to "greater fool theory", they expect someone to buy at a higher price instead of buying on the company's value. It's a gamble from the start, the hype of getting rich. Buy without really understanding what happened, full of delusions, driven by emotions.
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I have no idea why they push it, just to beat short? Have some personal issue with Wallstreet? The company is not doing great compared to its competitors of course it's going down. What it gonna do staying listed, revive and compete with Tesla?
Apologies to whoever reading this if it makes u feel assaulted for some reason. Stay safe and happy trading.