panic-sellv.intransitive and transitive to sell (large quantities of a commodity) in sudden alarm at an anticipated decline in demand or drop in market value.
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1982 Money (Nexis) Mar. 85 When the market's down, they panic-sell. That's just when they should be buying.
1987 Daily Tel. 20 Oct. 7/2 The Timber Growers' Association urged woodland owners not to panic-sell the timber brought down in the storm.