It went through slightly above the bid, maybe the MM had been accumulating shares for the buyer. We all know the MM can scare up sellers any time he wants with them ghost shares of his, sellers are much quicker to exit than buyers are to enter.
Like yesterday, easy 9% down, today, struggle to gain 3%
Somethings wrong, if someone just dumped 50 million shares on market order, this would have tanked all the way down to 4.10. Granted it has 1 billion volume, but 50 million would be 5% of total volume in a few seconds? Doesn't add up.