Excellent point shaleshaker!

Today will be a massive selling day for one reason:

There are many who buy a stock on what I call "spec". It is the difference in time between when an order is filled and when the order is settled.

Let's say I buy 10,000 on my account. Some systems allow you to place the order without actually having money in the account to do it. This is usually done if you have a positive variance in your cash account. You then have three days to settle. So if you buy on a Friday, you have to settle on the next Wednesday.

Guess what, we were halted for three days. I am sure there were many people who got "the call". The call happens when you do not settle. They were likely told "okay, we know the stock has value but you will have to sell when the halt is lifted".

I believe we are seeing a lot of that today.

I predict $6 - $10 after hole 5 results are out.

M1.