What you said is silly - you have specifically highlighted that you have fallen for a logical thinking fallacy by employing a 'short-cut heuristic' which is linked to fight or flight response. This is the caveman part of your brain which responds by 'cutting and running' when you do not know what is going on and you have not done your research.
Specifically, your focus on price movement and your incorrect assumption that "someone is in the know" lacks any merit. The reality is - uneducated fools employ 'short-cut heuristics' when they have not done their proper research. They incorrectly assume that those who are selling must have done their research and must know something from the inside. The reality is most of you guys haven't - nor do you actually know what is moving the price down hence why you all got skittish today and peed yourselves subsequently selling out.
Put simply a mixture of:
1) No new buyers due to no new material news in conjunction with
2) Tax time sell down - for tax write off purposes
3) An overweight sell side - (tired holders)
4) An incorrect assumption that 'some one is in the know' and is selling
5) Lets all play follow the leader (because god knows I didn't do my research)
Made you all a little skittish!
And you are talking about shell value? Are you serious? Do you even know what this company does and it's potential market?
I will place another post below - educate yourself.
NTI Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
