What is going on - I don't see any headlines. What information are the MMs trading on that isn't available to the general public?
This is because of programmed trading.Once a stop loss hits, it creates a chain reaction and multiple stop loss are taken out.Don't panic it will settle down.There so many stupid people who leave their fixed stoploss in computer.
This was totally based on rumor. There simply isn't enough volume with this stock to bring in the MMs. Should go back up.
Cant short the stock, none available.. Is the fall due to people shorting?