A 3 for 1 divy is not a foward split, its a divy.. PDVP did a 25% divy a few months ago, and you got 25% more shares with no F/S..
If you had 100 after the divy you had 125... Thats all.. People sold after that, but you still had more to sell..
Even if the price opens up 75% lower as you claim you'll still have 3x the amount of shares, but thats not going to be the case..... It would if it was a F/S