I see 3-4 stocks I follow, PLS,CXO,LTR are down nearly 20%...

I see 3-4 stocks I follow, PLS,CXO,LTR are down nearly 20% today. You have to think why are their people selling at these levels.
Admittedly I thought a lot of mum and dad's are nervous and selling their shares,then going by the selling, it's the big boys selling to themselves. With these 3 companies, they have a lot of money in the bank with a tidy resource. Some are close to production and wouldn't it be great for some organization to put out some disinformation for the market to go to sh.t. The big people with billions to spend and manipulate so they can by the miners very cheaply.
Old saying,
If you see a rat,smells like a rat, it's a rat.