That is not necessarily true. We knew the news was coming, and we knew that friedcat's posting while shares have been trading at this level has always resulted in a price ramp, even if a short lived one. The downside risk of what FC might say, compared with where the price was already at relative to speculative valuations of AM made for an attractive gambit, even with no insider knowledge. If there was a significant number of shares to be snapped up below .15, doing so might not be a terrible plan, and actually generates the rumor that there is insider knowledge, or the expectation of good things coming to boost momentum in your favor to dump part or all of those shares for a profit while averaging down on your other holdings.

It could have just been a well calculated risk.