Not sure it is dumping, more like some people will be taking the opportunity to get out and take a loss. There's loads of holders underwater in the $2 range and maybe they got to a point where they had a marketable parcel and took the opportunity to get out while they could.
It will be interesting to see if we get a change of substantive holder notice in the next 24 hours.
GSW Price at posting:
60.0¢ Sentiment: None Disclosure: Held