Poker, we are going to see sellers all through the range up to $2 since there are some that are under water up around $1.30 at this level and are scared and just want to break even and leave.
That's ok. It's expected. My concern is popping up too quickly without news (financials reported) to support it because if we flag the shorters, they realize that it will drop, and will work to help it drop.
I would rather see 10% a week vs 20% in a day...best to all longs!