I reckon you are right dazz.It is what it is, a slump in the...

I reckon you are right dazz.

It is what it is, a slump in the SP.
Many people will have different reasons to sell at the moment.
Although more importantly, there seems little reason for the peeps to step up and buy the sellers.
Good news will change that.
WC8 went from 40c down to 22.5c, then news came out, and it opened at 40c, all in a matter of 4 days.
I am not comparing companies, just giving an example of how stocks can move.

Its natural to look for reasons when you are frustrated, annoyed or disappointed, that's just human nature.
But you are all just grasping at straws in the dark coming up with your theories of why it what it is.
Its all part of the psychology of trading.
If I'd of written down all the excuses that I have heard while trading, I'd have a book full of fantasy.

But if it keeps you entertained to develop theories then go ahead.
The thing that gripes me is, that newbies will believe them and propagate them, even if they are totally off the mark.
You then have a wave of bullsheet that everyone is subscribing to that is totally wrong.
Look to the more experienced traders to give you their opinion on what is going on, it may help.

It looks like patience is needed at the moment.
The SP may drift a little lower.
News is what is required now.

And may the odds be ever in your favour.