1PG Chart/TA discussion, page-99

Wearing blinkers is right. I admire the unbridled optimism in the face of calamity, but it's legitimate to ask when and why the carnage is going to stop. In the 50's it was supposed to bounce shortly and head towards a dollar, then it broke back down into the 40's....the bounce was coming imminently, now we are in the 30's and still dropping.
I previously held this at a bit over $2, sold for a loss at around 1.90 and am very glad I did. I bought a small parcel at 41c but just as a straight gamble on the basis that it has to bounce surely.....but I can see a scenario where it doesn't. It's a pure risk/reward play and I'm willing to take a punt at this point, whether or not I have any actual belief in the company. But anyone buying right now is basically trying to catch a falling knife and crossing their figures because it seems like this can't possibly go any lower....myself included.

I think if you're in now you might as well hold, but we can't just put our collective heads in the sand and claim that every further drop in the SP is just instos trying to grab our shares and we can't fall for it.