Institutions & funds would have held shares since long. May have...

Institutions & funds would have held shares since long. May have paid around $ 2 lets say. They have received dividends to the extent of funding the buy in cost, give or take. Remember they get money lot cheaper than we guys. Probably 2% or less. To them it is nothing to drop it to where ever they wish. I am not saying it can drop to $ 2. They will have some agenda of their own. For what ever reasons. Unless similar ones who may have bought at higher price come in and support it. Or all of them run the agenda together albeit at small loss. Who knows Citadel mat be a take over target and getting prepared for a price of sweet spot. If you look at most take over targeted companies, they fall heaps and then hover around those or slightly above the lows. Then comes an offer at 50% over the share price of the day. Even the company interested in the take over will engage in pushing the price down by shorting. This is so common.

Honestly no one knows the price other than the Institutions & funds who are actively selling with an intent up to a point of their choosing.
Buy at long time support level, have an exit strategy if it breaks down badly below these supports, no margin loan, willing to wait with patience.
When they just drop couple of pips below the support don't quit. Have a bit more tolerance and patience.