multi bagger chances ?, page-5

Personally I think all the talk about share price manipulation, driving the share price down so you can buy lower later etc is incorrect 90% of the time. The market is a free market. Anyone with shares can sell them - you may want to drive the price down but you run the real risk that the market will be bid up aggressively and you will miss the opportunity to buying cheaper. Sophisticated investors can also sell shares short (they borrow shares from the market and sell these). This is effectively buying shares in reverse - you sell shares you don't actually own. Like going long shares (buying and holding), this is risky - if you sell the shares short (sell shares you don't actually own) and the market rises strongly you will be forced to buy back the shares at a higher price and will lose money. Also remember in the market there are hundreds of different investors with competing interests and different agendas. Conspiracy theorists always seem to assume that all these investors interests are aligned and they all work in tandem driving the price lower but this is simply not true. The reason MLX's share price has declined steadily from over $1 to $0.07 now is not rocket science - it 's because Nifty has proven to be a poison chalice and has driven the company to it's knees, burning through 10's of millions in cash each quarter for a significant period since acquisition in 2016. It's as simple as that. No rocket science required and no orchestrated manipulation required. If things turn around successfully the share price will start to recover for the very same reasons - share holders react and either buy or sell depending on whether the news is good or bad.