I'm not an expert but I think it's a simple matter of supply and...

I'm not an expert but I think it's a simple matter of supply and demand. If you increase the supply of something in any market, there will be downward pressure on the price. This can only be "priced in" with prior knowledge to a certain degree; when the new shares are actually issued, there will be more supply and dilution of existing higher-priced shares. Holders sell for all kinds of reasons, despite all those in here suggesting the only rational course of action is to hold long term. I expect the price to trend down over the next few days, but it's impossible to tell by how much. As a stab in the dark, I'd say it might trend towards $1 but not much lower than that. It will likely pick up again before long, especially with any kind of positive news.