today's move had been exacerbated by warrants, page-9

Thanks VonTrader for filling the gaps, if anyone didn't pick up, essentially these warrants act in a 1:1 ratio, so for each LONG warrant bought, they sell stock and the inverse for SHORT warrants.

So to highlight, there was some (almost) 600k shares traded today that were related to the warrants, all effectively selling. So that is almost 1.5x an average day's volume being sold relating to these warrants...that is massive!

As I said, interspersed with that is the normal HFT, which will buy and sell the spread, moving the price around because of the added volatility, something of a perpetual loop.

If there was bad news coming and there'd been a continued sell-down they would have called a trading halt, I am confident there is nothing wrong it is purely ST shorters who are using a lack of information to further push the SP down.

Trade this ST if you think you will get a bounce back to $5.50+ or turn it off and walk away if you think this is a long-term prospect.

Goodnight all, take it easy and relax a little.