Lots of reasons to sell at a loss. Opportunity cost is real, if a better investment is at hand then why not swing trade between the 2 tickers. If you think it's still going down then sell and buy in lower. Need the money for mortgage, car repairs, holiday, unforeseen circumstances.
No longer have conviction in the company.
There are also 171000 short positions reported so maybe they are not selling at a loss.
Or maybe it's someone else selling for profit who bought in earlier.
Doesn't really matter, just run your own race.
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $59.59M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.5¢ | $34.01K | 295.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 765509 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 305480 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 883018 | 0.110 |
8 | 661500 | 0.105 |
7 | 1649935 | 0.100 |
1 | 200000 | 0.095 |
2 | 39000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 351273 | 7 |
0.120 | 230000 | 2 |
0.125 | 242117 | 6 |
0.130 | 777500 | 8 |
0.135 | 422095 | 7 |
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