That's the big question.... Who is selling.....not me. Stockdiety is very quiet today. Has he sold any shares? Anybody else admit to selling? It's not a crime to take some profits. If you look at my past posts, I have admitted to sell some for profit; but I have not sold during this sell- off and I am now net negative. The way I see it either: 1: small investors are spooked and selling. Keep in mind that every large buy most likely means there is a large seller. Most bid/ask are at 5000 shares. Who is suddenly buying AND selling large blocks. Again, maybe everything is fine and this is just spooked outside investors Or:
2: large inside investors know of bad news and want to get out first. News could be benign like a small delay in financing; or huge news of failur of concept or even 'scam'