Have not seen a stock hit this hard this fast with no news
Almost 4mm shares traded in the last two days on no news. How many sell side shares could be remaining after that avalanche? This reminded me of an OTC stock 10+ years ago. Yes consolidation was needed but this was much worse than that. I would think that a CEO who has a fiduciary responsibilities for shareholders would take an action(like the captain of a boat) He should buyback some of those shares he just piled on top of new shareholders, he's getting a 30% discount.