The day started well, but later all those rumors about important people involved in a scandal caused a lot of nervousness. Many people had been already prepared to sell after recent highs and the ball rolled.
Things were bad. The drop on Wall Street forced more investors to sell shares here ahead of Monday's options expiry.
It was a textbook situation, when you buy on rumor and sell on the fact.
Investors are beginning to sell the issue as there won't be anything to roll over to.