Hmm... your 30 years of experience market maker stop loss grab job, or the super-jaded-lagomorph's thought that someone(s) bailed out on 200k shares...
I'm going with the 30 years experience over the thoughts of the jaded trader.
I agree about wash-orders not being the cause... A large sell order (200K) hit the market. My first guess is Aruda since they gain on any sale price. Sell some now before year's end. The big rally (2014) there were plenty of large buy orders as large as 500K. Need a catalyst to bring the buyers back. Volume is usually an indicator. The recent rally to 1.50 was suspect considering the 120K average.
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