IMO what we're seeing is not related to any toxic selling from who's left. Continental's notes aren't due until mid May(which the company is determined to buy up). This could be those who bought large blocks of shares during Ennis' time in office. They're probably just wanting to get out and are willing to profit off of these 10th of a penny moves. It's unfortunate for the value of the stock, fortunate for those wanting to lower their average or get in with cheap shares.
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