Its a combo of things, and people naturally trade on emotion.
Some were not happy with the notes, albeit minor, they should have been brought up before the Q hit. Asif has learned a valuable lesson once again I think.
I sold a chunk on emotions myself, yet bought back after realizing that in spite of the notes, we are still highly undervalued.
I am a BIG shareholder.
I know of other BIG shareholders that have exited.
I know that trading hiding size with NITE CDEL etc is NOT normal and cannot be done with Etraders, etc.
So trading is being done here by MMs themselves or sophisticated groups.