Holders?

Another big red day for RXH with a $10k volume for a 2M market cap evaporation. Can someone enlighten me if they have experience with another company with such small daily transaction, basically on average of a matter of a couple hundred to thousands to end up with such a significant decline since last CR?

For such a low transaction I understand that majority holders are still holding their share and waiting for a re-bounce? Is it a boiling frog story that we are all waiting to be fully cooked hope not. Could other holders say something about what they are thinking?