Selling beget selling and few look for why this sock is offered at an unexplainable price:
UPDATE: Shortly after publication, two readers pointed out that I'd missed the most likely cause of the sell off: selling by Millenium Partners, to pay an SEC fine. All the more reason to buy, if the reason for selling has nothing to do with the company. One of these readers gave the following detailed reasoning:
One issue that I noticed you did not cover is the selling by Merriman (Englander) of Twelve million shares to cover a 148 million fine by the SEC. This can explain the dropoff in share price. The market maker that handled the sale of the shares is ARCA, I believe. If you notice, when ARCA appears to be off the ask, the stock has a tendency to go up.