Well... if you are a broker and you know the TTM story and you have any propensity for manipulating a sure thing to get shares as low as you can... then I have a candidate for you. <drum roll> TTQ And for that matter... the float is so thin, an individual with reasonably deep pockets can manipulate this stock.
I bet you see Cannacord buying their 50K back next week for less than they sold them for today.
As Kramer so aptly put it when he was running his hedge fund... he said he'd sell millions to drop a stock only to buy it back later.
Another thing to remember about Cannacord is that they do represent a lot of individual investors... so this may be nothing more than an individual getting fed up or a margin call...
You have to understand the game and then you can profit buy it... or at the very least sleep at night understanding what is going on.
m.z.