I respect your opinion Smitter, but I think Clay had a good handle on it. Maybe "some" panic selling but mostly practical profit taking. Many people were in this thing from early levels and without much volitility nobody had any reason to take profit off the table before yesterday. Sure it snowballed a bit... but 40% after the gains we have seen was actually not too bad as these type of retracements go. KMAG is what it is... but so is pennyland.