AnPac Bio-Medical Science Co., Ltd. ANPC
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$ANPC just to clarify SEC S-8 is for share issues to its employees and not for public so has to impact to dilution. They have also mentioned in the filling that the share max value is $3.55 which is what $ANPC is currently trading at.
This is being manipulated by MMs as they sell this share everyday in day to reduce the price create a bearish market so that retail sale at lower price and buy back in evening same shares to create bull market so that retail buy it at higher price next morning ?
$ANPC a $10 stock shorted to mere $3.5
$ANPC when company increases its holding for own or subsidiary it means company expect bright future and believe its share is undervalued. Soon we will see institutions buying this and share prices going high, get in now ?
This is what happened with $AMD when it decided to increase its holding by buying back its shares.
$ANPC is at one of its lowest since its inception on Jan 2020. Looks like shorts want this for free ?
$ANPC Shorts want to make this a penny stock, without any reason this stock is 25% down from its average $5 value, manipulation at its best ?
