Thursday, December 22, 2016 8:35:18 AM
1) Something is going on "behind the scenes" and a couple of buyers knew about it, and snagged all the .0001's, which created a volume spike, and the market reacted. On day 2, shareholders that had been trapped for over a year dumped on the Bid. Buyers are in wait&see mode to gauge how many .0001's are available, and will strike again when the time is right.
2) A group was trying to RUN the stock and got spooked by the .0002's stacking, and dumped-out after selling some .0002's, no loss no foul...for them...
From what I saw during trading, it was ALL RETAIL, and no toxic MM's or "conversion" trades.
I was close to buying .0002's but decided to wait, and I'm glad that I did.
We'll see if anything happens within the coming weeks because all good RUNS start with a volume spike like we saw, then a couple of weeks breather, and then another SURGE.
JMHO
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