I believe that you have stated what happened correctly..

And I believe that the S/P will be back to the previous levels soon.

This is a PLANNED, grab for some cheap shares, from easily spooked S/H's..

By the end of the week we will see a rise in share price above the levels that we had

prior to today's moves to take advantage of the gloom created by the recent news and

to "Shake out the weak"..... Just my opinion....

Take it for what you will..