Just after "the announcement" PZN held steady at 5 due to buyers sitting on a bid of 5. After the brief run-up (when I'm sure bottom fishers were happy to take a 20-25% gain) the price drop likely caused panic selling as long term holders figured the stock was not going to sustain any gains. There are buyers at the current level, but unlike the beginning of the month, these buyers are not sitting on a bid of 5; instead they keep lowering their bids so the panic sellers move down to meet them. I can't say what is going to happen to the company and I don't intend to sell now. If I did want to sell though, I don't think I would play into this game, ie. I would stick to an ask price of 5 or better. Just MHO.