I would be guessing but I think some people may have bought in before the report and just can't take it anymore so they bail at any price.
I had a scan through all of the trades and it's very small trades that are dragging the price down. Very illiquid, but I did see some poor person bought at $2.14 this morning and after an hour of trade it dropped to $1.91 ouch.
Looks very cheap, but who knows if it can keep falling? This sell off has nothing to do with fundamentals.
FRM Price at posting:
$2.02 Sentiment: Buy Disclosure: Held
