It looked as though a lot of people were dumping after 12:00pm. Solid pressure on the ask at .015 up until about 12:00pm or so and then mostly sells at bid. It looks like people are lacking confidence here.
I think what we are witnessing is a fishing derby. Pps gets dragged down,people sell off,the perps only get some,perps keep track of volume,greed sets in,perps want them all and won't stop until they can't hold or bring it down anymore.That day is coming soon.