Yea I bet there will be a few with some lower bids in now...lol. I gladly would have taken another few hundred k shares at .004...Those would already be looking great on paper..lol
The sales happened at 12:30 EDT on the dot. My bet is somebody got a margin call at the open to the effect of "you have 3 hours to cover the margin requirement in your account or we will initiate forced sales to do so". From there it was automatic - no money received, forced sales happen immediately through automated orders.
When a broker does this, they start from the bottom and work up i.e. otc stocks first.
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