You do have a point. But the little glimmer of bullishness in it is what if someone "wasn't" willing to absorb all those blocks today? We could very well be under 10 cents... so although I do see where you're coming from, it actually could have been MUCH MUCH worse if those buyers weren't willing to absorb what they did...
There was no fighting the ask today. The selling pressure was huge. The price didnt rise because the ask was so thick all day. However, someone now has taken those shares off the sellers hands (absorbed)and i assume they intend to make money with them. Someone who said, "ok, if you want to dump i'll take them." The share structure remains the same.
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