Fortune Industries, Inc. (fka FDVF)

[stocktrademan]

I was thinking it could be one of these things...

Someone talks to someone else who thinks that now is a good time to buy because of some upcoming thing.. They bought a big position last May or December anticipating a big run for whatever reason got impatient and sold out dumping today. They unknowingly sell at the bottom because they became it with a large order that is now out of the way, sell pressure is gone.

Or someone had a margin call maybe even tried to chase or predict the market and got whipsawed the wrong way today. The broker could indiscriminately sell their shares for all positions even unrelated ones at market with the effect like we see.

Or someone was trying to set up an order to get in or out and goofed it up mistaking stop for a limit in the order or the price levels. If it's going right back up afterwards they may be re-buying the position thinking it's still going up a lot so no big deal to them.