Have a look at this chart: To me it looks like there are plenty of buyers willing to pay $2.60 or more. So if you wanted to sell at that price, looks like you'd be ok today. It opened at $2.65 so not necessarily impacted by overnight news. So why would someone push the price down to $2.48 if you're looking to sell to maximise your profit? Back to $2.60 so no damage done you might say (and good luck to those who bought at $2.48 or thereabouts). But, we might have been over $2.70 if the price hadn't been manipulated lower earlier in the day.
Yes, it won't change the long run, but can make a big difference in the short term...
WBT Price at posting:
$2.63 Sentiment: Buy Disclosure: Held
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