Well here is something wrong: stock opens at 9:30 at.34 on 36k, at 9:31 trades 840 shares at .33, at 9:32 trades 419K at.29 then at 9:33 drops like a prom dress!!!!
Why did he wait 2 minutes after the open to announce this? Looks like someone was allowed to get out before the news!!!! This should have been announced before the open! Just saying...