I think we may be through the IPO selling and now onto the freaked out people who bought over 30c. Then a few day traders who keep trying to find the bottom for a bounce and have to sell in the afternoon for a loss. It seemed like less of a scramble and freaked out dump this afternoon. A lot was absorbed at 24-25.5c. And this time if we find our way back up to 26c+, those shares may be held onto and form a base. This is just an idea, and things should become more clear by next week.
I think we may be through the IPO selling and now onto the...
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