The trading today was orderly. There was no desperation about it on either side. I do not say that I saw every last trade go by, but I saw the vast majority of them. My dog monitored it when I hit the bathroom. It was a long battle of price givers and price takers with the takers winning overall. It sort of went in 5 cent lurches to one side or the other and stayed there for a long time. The first retest of 7.30 support was very prolonged. If you shorted this at 10 or 12, you covered today. The easy money has been made. I am a long, but that is how I trade.
Only one or two are making all of the noise. And I'm not sure that they have the wit, the talent or the account that will allow them to short anything other than the newspaper boy (Whoops! Giving away my age there).
Most likely an ex-employee wanting to see the company and its share price drilled down. The market will take care of that without them.
Actually, I do find irritating not just the volume but also the nature of the rants. I seriously doubt that the company has told anyone over the telephone that "bankruptcy is an option" even if it is. And at least twice now someone has offered the flagrant lie that trading has been halted. These posts go over the line.