Hi guys
I don't think that its just the news regarding the potential competition by Nestle...
If you look at the overall market...it's a huge downturn.
My guess is that a huge global market crisis is on its way, and everyone wants to sell to reduce risk. There are way too many indications that there will be a burst coming soon.
I think this will continue to go down so long as overall market goes down. The big boys are not silly, they want to sell and take profit now, and buy big again when things settles.
Personally, I'm not too concern about the Nestle news...but won't buy until it corrects
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