I'd imagine that those that wanted to sell, sold and those that wanted to cover ,covered. Volume will now stay low as the SEC issues come to a head. I doubt spnge will risk revenue reports and things that could be construed as pumpage as the SEC watches and keep the PRs to non controversial things.
The 3 Bil. in O/S isa pure fantasy, IMO. My "guess" is that O/S is between 500m to 550m, not more. Which means the company actually did follow thru on its buyback program down from 722m. That is what I believe anyway. time will tell when we see the filings.