I always wonder if the person(s) selling their shares on a day like today even understand they are selling a company that is profitably growing at 25%+ per year yet is trading at a trailing PE of 8? They are literally giving away their shares.
The current fiscal year is now half over, EPS for this FY is likely to be 4 cents or so. The brilliant sellers today are bailing out at a current fy PE of 5.
I guess those of us that continue to add shares each week should be thanking these sellers, otherwise we would not have any shares to buy.