This aint no end of year tax sell offs.If that was the case all stocks would go down.This is just going down because the momentum has died and you get enough flippers that sell it can create widespread panic sellign combined with no one who want to buy a stock they think is going down.Thats it and always will be it.Simply buys verses sells simple as that.Greed causes the initial sell and massive greed at the same time shows up and the stock tumbles.No one wants in then it will settle out and news or time will cause it to jump again after the big red day is out of the memory of everyone.
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