seven lessons...., page-9

It's all about opportunity cost IMO. It's not about whether it will bottom or what price buyer support will appear, it's about the opportunity cost of holding as the price gets lower.
Eg someone who sold at 115 can buy twice as many stocks now or three times if it goes to 38. If it does recover and does well then they make more money so to hold as it drops is a loss , at least a future wealth creation opportunity loss.

In this environment companies without clear earnings get punished. Companies without complete projects get punished. More importantly companies that are intertwined with decisions of other companies get punished. The company does have promise , however it is in it's infancy and caries large risk. In this environment large risk is amplified. Good luck to holders, But for your own sake don't treat this as anything other than a spec stock.