Agree, SEC should suspend trading and reverse all trades this morning...
Here is what I think happened, as I was watching it from the get go. I believe a lot of traders didn't realize there was a 25/1 RS, so they saw the sp and just started dumping. I mean no chance it could get down to under .30 like that. TD Ameritrade had the BID over $5 and the ASK around $6.5, that's where they started roughly, so I'm not sure if they can claim a glitch or not.