Enzolytics Inc (ENZC)

[foxi]

A lot of major brokers like TD Ameritrade and Fidelity (and I think Schwab and eTrade) won't let retail traders set stop losses for OTC trades, afaik. But maybe MMs were clearing other investor groups' stop losses.

Another possibility is related to the short settlement date last Friday. MM's may have covered on low volume and accidentally pushed price higher than they wanted, and used tricks like gaps and laddered sells to short it back down into their desired price range today. (Basically fostering the right conditions for bears to rally, and nudging it along.)

Another possibility is some kind of share conversion and/or dilution. No way to know this until the next quarterly filing. There were some posts about it today. (See here and here.)

Parts of twitter were abuzz the last couple of week about The Stock Day podcast coinciding with a news drop. Didn't seem to get one (or I missed it?) so people might have sold the (non-)news.

Interesting day indeed!