Does the stock you like have a death-spiral PIPE deal like the one in the article? If so, sell. You're correct that someone is pounding the stock down, but what you're missing is that management is helping them do that by printing new shares and selling to the PIPE lender at a discount. It's just a way for management to pay their own salaries by diluting the existing shareholders.

There will be no reckoning. What they're doing is scummy but legal. The selling will only stop when no outsiders will buy any shares at any price.

Well, legal as long as they don't short ahead of time. But either way, it's a terrible investment for you.