While your point is well taken, one can't discount the fact that most all the financials as well as the brokerages are getting buggered today in a technical hit in sympathy with the Naz decline.
This is just a 'head fake' move by the MM's. Don't let them hold you hostage to their pessimism. I bought recently back when it was near $6 & $5 & later averaged down in the mid-$3 range. Man am I glad I did average down. Sold 1/2 my position for a profit yesterday and the remaining 1/2 is still in the green. I'm expecting a good day today leading into Friday. These guys will do ANYTHING to shake your confidence. Fortunately, I have 'balls of steel' and relish the competition. MHO - RTB
Market Data 
Markets 
AI
