Stop losses and panic selling
Unfortunately, stop losses and panic selling will become victims of the shorts and manipulation.
This happened with PTK (no revenues) as the share price went to almost $3, then fell all the way back to 65 cents as it was bashed. Then went all the way back up to $2 and now sits at $1.20. Again no revenues, just hopes of a successful semiconductor product they are working on.
With PHM, you actually have revenues, cash in the bank, and a growing company. Why can't the share price of PHM go back up with all of this going for it? Stop losses will be hit today, more longs taken out with what was just temporary paper losses to be replaced by a new set of traders. I will be one of them. In my opinion, hold onto your shares as this drop in price is just temporary manipulation taking advantage of recent company events.