Emotional selling at this point. Fear and fear only. There is NO news.....period. Granted, that the void of no news can be scary in and of itself, but unless something was leaked, this is based on no-thing.
Perhaps...and perhaps not. When share price moves contrary to normal investing levels (pivot points, RSI, Stoch, etc) there is usually a reason for it. In this case I think it is fear of the unknown. When 44 million shares get sold, 10X normal, this is not just a fluke...there is a reason for it. We just might not have the info that others do.
The info is a Seeking Alpha article and the writers comments were purely speculative. That spooked a lot of people. If this guy's comments turn out to be baseless this stock is going to shoot to the moon. IMO this stock is priced for the worst case scenario.