Good call,
STX went red for about 5 minutes before going back to previous close.
If the drill bit broke or someone dropped the log - STX would be more under fire than TPD (we have the smaller interest holding)
Also - There is a suspiciously rounded off number of shares being transacted at 10:15 on the dot (TPD opens at 10:08)
10:15 was EXACTLY 25.5 mln which just seems a bit convenient.
The bet that its a large options dump is a good one - POTENTIALLY someone waited for the SP to rise and stabilise above 0.9 / 0.1... waited for the buy walls to build and then cashed in...
still not fun to watch... but i dont think its a bad news leak
Just an inevitable outcome of the finance structure.
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