10k could have an effect, but not enough to undo all the damage, from 1.20, down to where it is now. There is only 1 way to describe what happened: MASSIVE TANKAGE.
There is no way to explain what happened other than so-called LONGS selling to salvage something.
That being said, it tanked on open, then stayed still for a while, so I put in a buy order at .63, back at .72 in the morning just because I figured that if it tanks sharply twice, then there will be a rebound, which there was. The execution of that order is pretty much the only good thing that happened for me today.
I would invite other users to post their guess on how low this could go before rebounding.
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