the ones that were hurt in the stock tried riding it up and hoped it would keep going and now are selling seing this turn downward. But this represents a buying opp. Anything under 30 is a steal. Stock trading at 10 times forward earnings.
This is one of the strangest trading stocks there is. With it's low volume and high beta you have to be very patient with it. If you trade it just right you can make money on it. I have been all year. In and out and again and again. It gets scary at times but it always comes back. It makes runs in both directions and you can trapped but if you wait it out it reverses in few days.