Not to be argumentative, but the financials is not the only reason. The turn around and spike to the high 30s directly corresponded with the absence of the AH trades. They started again the day of the sell-off from which we could have easily have recovered. The reason it stayed down and is currently trending lower is the same reason it has been for months -the selling pressure that has been accompanied by the AH trades.
There is nothing preventing it from going to .16 again. There are no more buyers now than there were 3 weeks ago, less probably. If we go until the end of August without amazing news and without a stop in the AH trades, you can bank on it. You can bet they are gunning for all the shares that go red when we dip below .15.
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