Ignore it or not, not that long ago any mention of $1 SP would be a sacrilege. And look where we are now: sub $1.
Why are you so sure it won’t go further down? (I hope our horizon goes beyond next Monday).
I almost got back in at $1.50, twice, then $1.20... I learned (the hard way) that with this stock and this market there is always tomorrow. And usually tomorrow means a lower SP. I am not pretending I know where the bottom will be, just this stock is clearly on its way down. Where will it stop? - Nobody knows, but the possibility for further falls is there.
LT prospects are good, most of us would agree with that, but that is not what we are talking about here.
Cheers
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