It can't understand why anyone would buy a stock for 25 when it had peaked at 24. I assumed that inside information had been distributed to the large buyers. It does appear that some people could be protecting themselves by buying puts.
probably that what took place in some way, have to be nut case to buy the shares above 18 and hold trhu this mess. Do you realy think $25 service vs $36, on 25 times more songs ad free, delution of 15%, and CEO all of a sudden is replaced, who they will sell ads to when the subscribers base will be cut by 590% in 2 quarters?