End of close today, sellers way out numbering 'support buyers', now the chances of any deal has significantly reduced.
When a stock is in 'potential play' plenty of professional and arbitrage money comes into the scene, as that 'potential play' ceases, so does that hot money.
Retail investors ability to make money is incredibly important, because we are ants, we can move everywhere, get in and out, without moving markets because our size is too small.
But we must play in our battle ground.
If we play in the big boys battle ground, we loose.
(20min delay)