TONY99 only in a imaginary world will stocks go up & up & trade on there highs day after day lol, some stocks will rerate harder then others but each stock has there "own story" why it has corrected from its recent highs, a number of reasons are:
Placements Bad Drilling Results Bad Earnings Outlook Weak Comodity Prices Not The Flavour Of The Month Pump & Dump Profit taking from a large rise from current low Funding Issues Volatile World Market Director Selling Substantial Holder Exiting Stock price got ahead of fair value etc..
Its up to the individual that owns the stock to monitor market conditions, have there stop loss set, price in announcements & know the risk there willing to take
