A lot of people got banged up with yesterday's bloodbath. Anyone facing a margin call was forced to sell out today and IMHO that's why so little upward movement with huge volume. I'm confident that Bruce and Keith bought more and we'll see that when the SEC filing comes out. Long way to climb back and nothing new on the horizon for months. The manipulators should feel damn good.
Probably not the best portfolio management for them to double down, but their investigators' confidence appears unshaken, so perhaps they'll take the plunge. I think their last major purchases were between $7-$8. so $5 must look like a bargain. It would certainly throw down the gauntlet to the shorts and give some spine to the longs.