Capitulation event?

I'm almost shocked at the number of HC members who have declared they have sold out today for a big loss, in one case never to buy another share.

I haven't bought in today, because my funds are tied up elsewhere, but this has all the hallmarks of a classic capitulation event. The company has explained that a combination of low inventory to start with and manufacturing disruptions meant they were unable to fulfil demand over the busy pre Xmas period, but that these problems are behind them and growth is such that they reaffirmed existing sales guidance, implying a $15m plus in sales in last two quarters.

Plenty of cash, litigation and plant moves behind them, poised to expand further, retail shareholder capitulation....feels like a buy to me.