Q: In response:
"don't know the exact reasons a stock might go down a few percent."
I can sympathise with the difficult a frustration of answering questions on something that just changes a few per cent in line with normal market action. Without speaking for others: when I see this happening to one of my holdings, my question is not exactly why it went down the normal market action amount but more specifically did something happen that I missed. It is difficult for the small investor to get any negative news within 24 hours. If there is bad news, we often don't get it until the security is seriously down. Perhaps the question should not be why did it go down but is there anything new which we don't know about.
"don't know the exact reasons a stock might go down a few percent."
I can sympathise with the difficult a frustration of answering questions on something that just changes a few per cent in line with normal market action. Without speaking for others: when I see this happening to one of my holdings, my question is not exactly why it went down the normal market action amount but more specifically did something happen that I missed. It is difficult for the small investor to get any negative news within 24 hours. If there is bad news, we often don't get it until the security is seriously down. Perhaps the question should not be why did it go down but is there anything new which we don't know about.