This was a classic stop-loss computer trigger sell off which the MM initiated and took advantage of. Otherwise the stock would have remained at 22 cents if not lower. NICE TRY DOOM SAYERS!
i am not a dooms day guy. but i had 100k shares, and when i saw the dive to .22 cents i sold most for a small profit. i thought the news was out and it was bad. again, why would anyone sell 1.5 million shares into such a low price. i got hammered on price.there should be an investigation into this set of trades.
you guys are some serious high rollers man100K of shares.woah.here i am wondering if i should invest a couple thousand.