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rwalto

01/24/22 11:13 PM

#44241 RE: Milo1 #44240

He was asking how the price could drop so quickly with so few shares traded. The answer is the lack of bid support between the various levels.

I know it bounced off support, because people had bids there. But in an illiquid market where there are only a couple thousand shares on the bid between each dime price interval, it does not take a ton of selling to drop the price 20%.