Exactly.
Panic? Not so much.
This thing can't even trudge itself back to its opening price without the $3.14 line being constantly reloaded.
Some big sellers are offloading and rebalancing. They most definitely want to avoid any sign of panic. They will just keep grinding it down. Sub $3.10 close today would not surprise and $3.00 not far away in my view. No enthusiasm in the market for buying TLS whatsoever.
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