Ekso Bionics Holdings, Inc. (OTCBB:EKSO) Swaying In Both Directions

[[tagnumber 0]][[tagnumber 1]]After some ups and downs we saw the stock of Ekso Bionics Holdings, Inc. (OTCBB:EKSO) climb above the $2 per share mark in the second half of May once again, only to begin to slide once again.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The stock experienced a real crash on Tuesday, however. The reason for the 21.39% loss was a piece posted on a popular stock blog filled with some content that wasn’t to the liking of investors. Of course, the author of the piece disclosed that he is short [[tagnumber 6]]EKSO.[[tagnumber 7]][[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The article was centered around Mr. Adam S. Gottbetter, the securities lawyer who conducted the results merger which formed the company as we know it today. It was concerning the fact that last week the SEC published a press release that informed the general public that Mr. Gottbetter was charged with market manipulation, alongside several stock promoters.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]What is more interesting, however, is that the list of companies that were allegedly the target of stock manipulation did not include [[tagnumber 6]]EKSO.[[tagnumber 7]] The author of the piece went even further with speculation that [[tagnumber 6]]EKSO[[tagnumber 7]] lied about the company’s involvement with Boston Dynamics in the Defense Advanced Research Projects Agency (DARPA) project.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]These allegations cause some people to rush in and sell their shares cheaper and cheaper pushing the price of the stock to a close at $1.36 on an impressive dollar volume of $15.06 million. We are quite sure that the author of the caustic article made a few bucks shorting the company stock.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Then [[tagnumber 6]]EKSO[[tagnumber 7]] managed to recover some of the lost value and added 13.60% to its price in Wednesday, only to close in the red once again yesterday. After the six and a half hours of trading yesterday [[tagnumber 6]]EKSO[[tagnumber 7]] closed with a price of $1.40 per share on a daily dollar volume of $3.22 million.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]So far, we see that the ticker is in the green today. This just shows how volatile [[tagnumber 6]]EKSO[[tagnumber 7]] has become recently and the need for doing your due diligence before making any investment decisions.[[tagnumber 2]]