Sell HAIO again?

Today HAIO price further dropped since my last blog on it. I called up my broker, again, nothing much information i could get. I decided to sell half of my HAIO portfolio as technical indicator showed a lot of sell activity. I am still believe it's fundamental is quite solid. Should not be any accounting manipulation. And so far, the reason i sold it is for 2 reasons:
1. prepare buy back at lower price
2. raise fund for my right issue ;)

Sell HAIO?

Today HAIO stock price dropped significantly again. I bought in at RM3.5 2 days ago and today it was at ~RM3.3 translate to 6% lost for me. And my entire HAIO portfolio gain drop significantly as well. It wrote off about 55% of my gain. Should i still hold this position? is my Buy Hold strategy broken? One of my broker told me that investor were speculating some accounting fraud in HAIO after share split. I think if this true, it is very serious. Any way to detect accounting fraud? I think with my current CFA knowledge, i am still not able to detect this... share with me if you know anything about this.