RE:Daily morning panicYou are correct, I always would only add to my position in the AM.
But it's most likely retail investors shorting the morning and covering later in the day. It's like clockwork as this has been an easy stock to predict.
Short volume is 27% during May 17 - June 1.
Highest its been since the period March 17 - April 2 which was 32%.
Link: https://shortdata.ca/stock/ifp.to/