to answer your question(s) I've seen this before. This isn't the first time this has been done. so my opinion is based on what you would call history and human behavior and results are repeated with astonishing regularity
My new bottom to buy in is .02 for now which I also previously stated months ago was where I might end up sitting at if it dropped to .05
This deal shows the current bottom is .05 and I strongly suspect the SP will follow in the market