SSH on NASDAQ was biggest % loser 27.56% on NASDAQ today on big...

SSH on NASDAQ was biggest % loser 27.56% on NASDAQ today on big volume 19,038 (equates to sale of 3.8 million CDI's).
Seems to have hit low of $2.50 (~40% drop) before closing at $3.26.
Tax loss selling by Aussies even on the NASDAQ????
Should we get ready for a bounce or for some sort of less good news?
I have wondered if it is just a way to get in the news by becoming the "biggest % loser" for the day and then bouncing back in the next few days as "biggest % gainer" - this was happening regularly in early weeks after NASDAQ launch.