panick selling / deleveraging ?

The current situation is almost akin to tax loss selling like the explorers experience just prior to a financial years end.

It also is very similar to what we experienced when the Euro crisis was at its zenith.

Some people seem to be deleveraging anything that has an element of risk attached to it.

There is no other rational reason why we are seeing the share price sink by the day on little volume.

It is not by any means limited to Sipa. Just about every exploration stock appears to be getting hit to varying degrees.

The broader market is undergoing a correction but nothing of the magnitude that would warrant such falls.

There seems to be a self perpetuating momentum with these falls. Some are panick selling, stops are being hit then others pile in thinking there is bad news on the way.

Guess all one can do is sit tight until rationality and common sense returns.

Thoughts anyone !