There is a major event occuring under the radar.We will know soon. The drop is uncharacteristic, and cannot be explained.Why would there be such a rush getting out of a stock whos earnings just doubled, is in the energy sector, has a 7% plus dividend and is sitting near a 4 year low?With CD rates, money market rates sitting near 3%, NS should be blazing to new highs...Instead we are plumeting even at the bottom.There is a reason, and we will be the last to know as usual. Average down time again, but not quite yet.
Somebody big cant wait to dump all their shares at 12 month and 4 year lows. They just can't wait another second.40's are a possiblity before close.