I'm not surprised at all. I actually don't think there was more than 2-3 mill converted/diluted today and there was a coordinated short attack to take it down. Many have stop losses on their holdings and that plus panic selling did the rest.
Now I would imagine there are many here who just lost their shares and want to keep it down or push it down further so that they can reclaim and continue. Luckily, I was already out for this one so I jumped back in under 5s.