Each time there was bad news, there was a dump then a slow deterioration.
Sometimes takes a few days for news to get out to many of the holders on this play. Might be, like you say, holders may have now come to terms with this play.
About 330k moved today at open. Probably those who are actually paying attention.
The noteholder news still needs to be digested. Plus, notice how the PR tried to bury the delisting. Of those who paid attention to the PR, there are many who only read the first paragraph. Am thinking there are going to be more than just a few current buyers who get a delisting surprised.