Can not explain the drop. Verizon is rolling out LTE phones today, and flash in on XOOM this week. Yet MMI is approaching to its pre-spliting lows on average volumn. Who is selling at this price so calmly?This is really weird.
Almost everything is on sale today... even Apple.
I guess the market is pricing in a complete meltdown at the nuclear plant and massive evacuation of Tokyo, maybe even another earthquake on the west coast.However, the oil and bond price does not reflect this panic state.