"Unless the announcement is just plain untrue, I read nothing that should be causing this amount of sell down."
The share price reaction to the announcement is screaming a very clear answer.
"I think we are seeing mass shorting forcing the price down today."
The price has been falling for months. Stop blaming shorting. It is selling, selling and selling. The simple facts are that everyone is dumping the stock.
Forget about the historical dividend payments. BBP and BNB are in a fight for survival and the battle is almost lost.
BBP Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
