Pretty harsh title for this thread IMHO -"only fools would sell their shares". It's never foolish to take a profit and many of the sellers would have been in the money.
Never nice to see stock you hold drop 10% in one day but I'm heartened by the fact that it was on pretty modest volume (39 mill) and much of that volume was at the opening and first 30 mins or so.
Hard to be completely sure, but a cursory look at the trading patterns suggest the instos and larger holders sat on the bench today. Don't be surprised to see a number of large buys in quick succession when it becomes apparent nerves have settled.
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