"WHO can afford to sell at .4 ? Without a rather large loss."
Everyone's under water on SYT it's just people have different breaking points.
I'm sure people were using the same rationale at 0.020 when their investment had been halved, than again at 0.010 when they had lost two thirds of their capital and again now when they have to contemplate the fact without significant news they could see that investment halve again with a few pips.
I'm sure the bigger issue is the amount of shares that have been added to the register over the last two years meaning even if a recovery comes expect huge lines every pip on the way up.
I wouldn't judge anyone for jumping ship and protecting the little of their capital they have left or a holder deciding your close enough to a hypothetical rock bottom that they may as well pray for a hail marry and risk losing it all.
Different stroke, different folks.
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