It is not "poised to close near the lows of the day"
If it's an under reaction, that's also hard to believe because volume is 10 times normal. We should be getting the full flavored reaction by the market with that kind of volume.
You may be sure that $6.68 will be tested. I think it's more likely you are a four flusher just talking your book
that would be Ackman
albeit on low volume. If MM can string a few days together like this, the inevitable demise will be forestalled by a few months, hopefully.