sherlock...there doesn;t have to be a reason. I know you have bought into CNBC's and Bloombergs bs that there is a rhyme and reason everyday for every stock......but alas, there is not. It just takes one fund unloading their block to bring a stock with this small of a float down 9%.
If they want out, they go out and if it is big enough and not enough buyers on that particular day, then the stock will go down significantly on NO NEWS. It is their opinion that they want to take a profit.
An analogy would be lets say you own a pizza store and its worth 200,000 dollars and some guy comes in on any day and says "I'll offer you 160,000 or whatever number below 200,000. Do you have to take it if you believe your business is worth more? NO!
So whats the difference in the stock market. Today they are for whatever reason significantly undervaluing our business. If you need the money today, then yes, you're screwed. But if you have plenty of time...then who gives a $$$$ as I have already shown, in time, one gets a real value for their business in time.