Exactly. Just emotional response from some, u-turning after every tick.
What I bet happened is that power-up, gave their Market maker the greenlight to cash out on a "not-held" basis. Meaning the market maker is in control of moving the shares. Thats why you see t-trades and out of market transactions coming through at weird prices.
This is a bit of pain because yesterday, the market maker didnt expect the volume to completely dry up today. So they thought theyd be able to siphon off some buys to fill with dilution from the power-up notes. But because the volume didnt come and they were told to move shares, they had to walk it down to find the volume. Miscalculation on their part (the market maker) shoulda dumped it all yesterday into strength. They got greedy and their client (power-up) is paying for it.
This needed to happen and its a good thing.