a bit more detail from the uk, page-8

hey Yorrick,

I now see from your response that you are taking the all-or-nothing approach. I'm sorry you find yourself in this predicament and hope that your "mental writeoff" of holdings at this point is not too painful.

Just hope you realise we could both be winners here ... or you could be a loser. However its not a personal contest. If I was short, I'd be covering back through mid-30s, and taking a nice profit for the downleg. That will do me. In your case, I hope the sp then recovers and we can both be happy.

But EKA continues to suck, and the sp remains in decline. Up to you when you take a loss imho.

Good luck to ya.