Reasons for sell off1. Loose lips sink ships and someone in the...

Reasons for sell off

1. Loose lips sink ships and someone in the know wanted out before the results are made public
2. Accidental press of 6 indtead of 9 which triggered stop losses and the snowball effect
3. Someone or Someones weren't happy with the quartley and wanted to sell
4. Had a change of heart and wanted to sell.
5. CR on the horizon so they think they can get out and buy back in later after the CR for a better price
6. Leases wont be granted
7. Massive tree shake to accumulate from weak hands


Take your pick

I choose #1, I ersoanlly dont want to belive it but think someone already knows the results and wanted to exit. I hope its not true but I have seen it from the sidelines and been part of it in the past when it happens and it looks just like this with impending news.