i don't know for certain - no one does.
but in my opinion and on my logic - the sellers were pretty much at a steady level. Buyers were slowly creeping up - .028/.029 trades, just pipped into .027.
Volume on 4-5m.
Then boom. Someone dumps 10m shares at .027.
All of a sudden it's a blood bath. Number of trades goes from 20 to >100 in about 30 seconds..
Gets to about 25m and drops to .023 or whatever it was. then an explosion upwards brings it to 45m shares and .026. and equilibrium is restored. there's been 5m shares traded since then...
as i said, not certain - not a wizard, but it looks awefully suspicious...... that's a lot of shares traded on no news.
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