i sold out my positions at 50% loss at/near open. it wiped out all the profits i made since march 09.
for 50% loss i need 100% gain to break even. it is hard but possible.
for 67% loss i need 200% gain to break even. it is a lot harder.
for 75% loss i need 300% gain to break even.
for 80% loss i need 400% gain to break even.
if sp goes to 40c it will be 67% loss for me.
if sp goes to 30c it will be 75% loss for me.
if sp goes to 24c it will be 80% loss for me.
cannot afford any more losses.
good luck to all the holders.
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50% loss is much better than 67/75% loss
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