"Could it be that anyone one sold is a genius and everyone who bought is not?"
Now that we are 90% lower, I think the answer speaks for itself!
Of course, today's sellers are different, right? Sure! ;-)
How about this as a reason for selling. The sellers have figured out this is a typical OTC POS that will never amount to anything, and are electing to preserve capital instead of going down with the ship. Might that be a reason some are selling?