From the one day chart, it looks to me that shorts tried unsuccessfully with hard to borrow shares to drop the SP right out of the gates. Then they dried to keep the SP from rising past $3.20 by judiciously selling what little number of shares they had available. And just a couple minutes ago, the MM put a $0.05 spread between bid/ask ($3.26 / $3.31). First time I've seen this wide a spread since I started watching a little over a month ago.