1/ Let's look at darling AAPL. Yahoo finance shows total debt ~2x total cash. They need biz income to service this debt. They've been using cash on share buybacks instead of lowering debt. A 33% drop in share price brings it under 200 week avg price.. 2/ If the shares get stuck under the average price at the same time the fed destroys the long term bond market and biz income slows down, there's only one way to service debt: selling new shares at prices under where they were borrowing to buy them..