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Re: TheHappyVulcan post# 163198

Tuesday, 08/03/2021 10:39:10 AM

Tuesday, August 03, 2021 10:39:10 AM

Post# of 220559
Nobody 'walked it down'. All it takes is for large shareholders to sell at market, and the stock immediately tanks. It tanks because MM's don't have to abide by the spread, so they give less and less, which drops the price. It is simple.
Someone decided to just dump a lot of shares at market. That FORCES the price down. But the good news is that those shares will be bought back up and it will recover.