many people have taken position and wait for a binary event. Can move back to $ 1 not selling. Position marked to zero for me but will either lose or win but not sell at too early at 1.22 and see it next day at 7. May lose a dollar per share but fine for me
Last time we had this low volume we were at 1.50. We've been going down ever since though just .25 (feels like forever). We'll have to see tomorrow if the sellers are exhausted or at EOD they drive it down more.
There are buyers and sellers for every trade. Someone is selling and someone is buying. Sellers currently willing to accept less and buyers willing to pay less. But, really, if you believe in the story does it matter whether you pay $1.21 or 1.24? And who are "they", the market makers that are supposedly manipulating the price?