Similarly, how stock can keep going up far more than anyone's...

Similarly, how stock can keep going up far more than anyone's expectation - it can do the same thing or much more when going down.

How you or anyone never expected just few days ago that it can go and touch 1.90c today, similarly when it will go down it may go way more than anyone of us has imagine.

markets take the stairs up and the elevator down

Even the super fast rise around 12 pm was slower then when it dumped from 175c.

So anything can happen, but I think 1st support could be $1 round number lots of psychological support but if that fails there will be huge number of stop loss orders and that can take to who knows may be 70c or lower. No one can tell you for sure.

Stay away from blind believers or blind bears