I.E - a more rational seller or bunch of sellers would have just kept feeding the stock to the $1.70 buyer(s). I think this is panic selling, maybe due to other panic selling. So I have stepped in.
If I am wrong - I'll lose less than I will make if I am right.
This could go back to at least $2.10 easily, as everybody knew drillers were beginning to do it tough.
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