It's a lot less complicated than that. It's called the summer.
I'm pretty sure this is mostly a retail fueled sell off. It's happened every year I've been with this Company. I always know when it's in full blown panic mode because of the volume of hate mail I get.
Same thing happens every year. People were out with pitchforks in 2010 about this same time. I even had a few threats made against me, both legal and physical. The stock ended up running to a 52 week high later that year. In 2011 same thing again but we didn't get a recovery because of the China/RTO fraud scandals that rocked the sector.
This is why historically we plan and conduct all major PR campaigns in September such as the tour, video etc..
Every year we have a few that get mad and sell out. Or they trade out and try and guess the bottom. The longs who are here for the fundamentals just take a vacation. After all, it is the summer.
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