Tick.
They are lining up at $3 because that is what they are going to get. It has been coming for the last 5 days or so. The buyers have been leading the sellers down and there was no way that those who have been able to hold and push the price up, virtually since the consol, were going to have any success above the levels we were at for all those weeks. That will require actual news.
Hopefully, this might be a lesson to the premature BOOM'sters out there and that next time they will wait until the real thing occurs before making their call - that is if there is a next time.
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