RE:buy or bail
Looking at today's trading we see that the s/p lost 8.6% but that on volume of 24k shares on the TSX-V. The total value of all shares traded was only $80K. That's trivial!
My guess is that some are getting bored while watching the sector leader and 800 lb gorilla Badger Daylighting hitting new highs.
Some investors execute a manoeuvre called pairs trading - within a sector they simultaneously go long on one stock while going short on another. Anecdotally, after checking today's detail I see that one of the main buyers of BAD was BMO; OTOH the main seller of LSI was also BMO. Just sayin' ;-)