the logic is to manipulate the charts and "sell" a story to those who trade on technical analysis, which is essentially trading on pattern recognition -- if enough people believe in the chart, then it becomes a self-fulfulling prophecy.
right now it appears to be a downtrend.. from what i have heard and in this particular case, this is a technique used to induce selling over a period of time as the chart needs to form the desired pattern. the person behind it probably looking to accumulate slowly here or at lower levels as selling is further induced.
ADO Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
