That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.
Now they have the shares going back down to sub .0027 - its market manipulation.
It's not necessarily manipulation. The lack of news yesterday was not good at all and the situation exploded with TheSwede's no-news-update, I guess. Later the news did come, but all in all everyone knew what would be published ("chips arrived") and some might have expected more than a few lines of text, followed by
this horror comment (actually there is a blogpost about the topic
here in chinese).