It likely will fall further until there's a fundamental ann, because of the reasons stated above.
Then there's an ann (either a large signing or the Q1 report), and look..they come back, and it's 4.4c again. Maybe then some realise, 'oh yeah, I have to wait for stuff to happen at a normal business pace and not in 1-2 weeks,' but most don't. It trends up again, it drops again. Rinse and repeat every quarter. Soon enough it's January, and the SP is 6.8c, I will have seen the same amount of red days as everyone else, by my average in still starts with a 1. Go figure.
PSA for everyone: Calling a stock to drop in price when there has been no fundamental-related announcement is not prophetic. It is like saying, "if you step outside when there's rain forecast, you will get wet." You're going to be right a lot o the time, but not because of your genius.
CRO short term TA, page-113
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