This stock is finished. Everyone shorted it and warrant sellers are killing it further. Plus we have MILLIONS of warrants that can be sold next week on the open market and they will be considering they were given away at .25. Us poor bastards that believed the hype got royally screwed!!!
I believe this is normal profit taking to derisk before TLD is released. Even here we are up some 4.5 times where literally truckloads of shares were bought and warrants came with the deal. It's hardly surprising to see large scale profit taking action here as pros protect their gains.