ive seen this statement on more hc threads than i care to count when a stock falls hard
its usually nothing to do with the company and everything to do with the sector/momentum
have a look at iron ore stocks today - think you;ll find what happened is sell off sentiment gripped the steel-related stocks - there are a few things driving it - and developers priced on plan to build new mines always cop it more than most
small caps go up the most % - so they go down the most %
if im right its going to take a while for sector sentiment to restabilise - people keep getting jittery about china every few months.
Great AKM Coverage, page-144
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