No, he is correct there is some weird print of a $7.70 trade earlier in the day. Look at a chart for the day, you will see a line going straight up at about 11:10 a.m. today to $7.70. I wasn't able to locate the trade as I saw it too late to go back that far so I don't even know how many shares it was. I am thinking a mistake, or maybe a warning shot to the shorts, look where we can go in an instant.