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Tuesday, May 10, 2022 8:23:21 PM
1) there were buyers and price went up to .013 on some decent buy volume and the market makers intentionally dropped the price almost in half with little opposition in a few trades. Buy volume was still there to pick it back up and close near high of day which is encouraging since potentially these buyers “know something.”
Or
2) buyers bought up price to .013 and someone got excited trying to sell at that price and didn’t know what they were doing and put a market sell order in and it sold all the way down until it hit spec’s dirt cheap bid of .0076
Either could have happened (or both?!)
The encouraging news is there was big volume before and after the drop. Would be AMAZING if someone knows something and that’s why there was demand to buy up shares
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