Friday's VolumeI think someone wanted to buy a ton of shares and got them cheap due to discount volume pricing - something we all expect when we buy large amounts of things. As result the price went down. Stop losses may have been set off, retailers may have paniced a bit and others may have been affected by the other issue. However, I think the core of the issue was a volume deal.
GMP was the largest buyer. Are they one of the underwriters and / or did they buy for a client?