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Big drop today (56 cents).

I suspect it's an institutional/large shareholder sell-off. Possible reasons for bailing out:

- Flat forecasts/drought fears/risk-repricing.

- Portfolio reshuffle to resources, financials etc (as you mentioned)

Plus, the traders who are kicking themselves for not selling sooner/have shorted SHV and are making sure it goes down.

But before you start kicking yourself, just remember:

- If your strategy was to trade this, well yeah you probably better go kick yourself.

- If your strategy was value-based, and based on the empirical evidence that this issue was decent financially (which is an understatement), and that you bought in at a time of uncertainty, then share price falling shouldn't cause you to really give a damn. You obviously saw value in SHV, so those are based on your terms and not the market's. Remember for fundamental investors, all that matters is at what price to buy in (without the risk of missing the boat).

In all credit to technical players, and a lesson I've learned from this experience is, the technician's cardinal rule: follow the trend. One lesson I've learned here is not to try to pick the bottom - when the trend flattens you'll have plenty of time to buy in. At the moment it's all freefall from here (possibly on par recent apocalypses like CDR and RHG).

I started buying in at around $8.62 - could go down to $0.001 for all I know... (Just wish I coulda bought that 15% or so of extra shares if I had just waited 2 weeks!)

When the trend levels out, and it will, should be an interesting opportunity for the cashed-up.

Hope that makes other people feel a little better.

To each his own!