Almost all of the volume today was green or even from yesterdays .014 close. I would hardly call this panic selling when only a couple million shares traded.
People are not selling any more then on previous days.
Volume has barely ticked up.
The only thing this accomplishes is it got a few more weak hands out.
This is a fact.
Also based on L2, which you clearly cannot see, the shake action used today has been replicated about 20ish times in the past 3 months at attempts to gain more shares by creating selloffs.
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