I'm pretty sure the quick drop today was stop loss

I'm pretty sure the quick drop today was stop losses being triggered. Looks like millions of shares were traded in 15 minutes or so, so I don't there is any other explanation. Most of the buyers the last week have been short term traders- probably a lot of them put in stop-losses. We were at 7 cents 3 days ago, so to think there is any other reason for a stock to nearly triple in 3 days on no news is delusional.

I was certain we would see a big sell-off after a run up, but surprised that we ran to .20 and even more surprised how fast we dropped. I thought we would be lucky to see 10 cents before a tender exchange is competed, so I couldn't believe we ran all the way to .20. My prediction is the volume will drop off and and we'll stabilize- hopefully at 10 cents or so, but who knows. I still stand by what I posted a few days ago which was deleted and that is the stock will drift all the way back to 3 cents if a tender exchange is not announced in the foreseeable future. But I do thing we will see an announcement soon and once that occurs the stock is worth 20 cents on the low end- possibly as much as 40 cents.