the price needs to be come so low, that speculation actually has an upside again.
I may punt for mine, around .003. Dead cat to .005 ? Sad, but it needs to capitulate, dump to exhaustion all of the dying faithful, and replace with pure speculators.
What does a long tell themselves at a price of .003 ? the market has said this is a fail. Are they still right ?
But what would speculators say, ? a price point where longs fingers are burnt. Who is going to put more on the donkey?
There will be those with vested interests, to call on majors to work some magic, but if the pigeon has suffocated in the magicians hat, it just wont fly.
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