Theory: A small group of people get together buy approximately 20mil shares of NEOM, probably for around .0220. They slowly try to sink the PPS by being in every forum known to God, bashing all the way home. Slowly SH's begin to get scared and start selling, following their lead, not all SH's but just enough to bring the PPS down to the bashers striking point. They got their eyes out for the perfect day, it's a low volume opening day a day they can take control and they dump 5mil shares into the open market, in this case for around .0195. A hour passes their done selling, now the panic is created others follow what appears to be a massive sell off, but its not volume tells all. Right now they are trying to figure out the bottom but they most move quick, first and foremost is to recoup the 5mil they sold at a loss and at the same time looking for the key position to enter, my guess is .0160-.0165. they are starting to sweat now as it is getting close to lunch hour, big sell off time, but they can't seem to lock it in at their price, 11:15est and its edging on what the bashers want it for but will they have to settle for a higher price, tick, tock, tick, tock. PPS does not seem to be cooperating should be a steady decline from 11:15 till 12:30, a couple of bashers begin to break, "lets hit the buy button NOW", the pos leader wants to wait, but he too sees the clock, tick tock, tick, tock.
All IMO, just my story of what I suspect. A small group of people can control big things and I truly believe that is what’s happening today. IMHO You will see the volume fly on the buying side soon. I can't or won't speak for anyone, but personally I am hanging in there, remember these bashers are in this room and others for a purpose, these names, current bashers ihub id's, we never see in this room in numbers on low volume days.
