I am a previous holder - I bought in at 50c, and sold at 32.5 -...

I am a previous holder - I bought in at 50c, and sold at 32.5 - I also averaged down, but ended up losing 5K all up - this is a big loss for me. I know it's not much compared to what other people have lost, but I guess it is all relative to how wealthy we are!

I am not here to cause trouble, but I am newish to investing (only doing this since April). I genuinely don't understand why some of you who have bought in at a far higher price than me, and held this for much longer watching the share price lose more and more - why have you not sold out already?

I sold out because I just couldn't see that this was a stock that was going to make money, and that I should walk away with whatever I have left and see if I can make the money back somewhere else. I thought there was no way that there would be enough time on these annual statements to show that they have sold lots of Nextstellis, so the SP wouldn't jump higher - even if sales are good I thought it'd take at least until next year. And then I thought we are waiting forever for news from this company and they don't communicate.

None of these ideas are new to the people who have lost so much, and have little faith in the company recovering, yet continue to hold while the SP is in a death spiral. Again, I am not here to be rude or antagonise people, I just genuinely want to learn as the psychology of it is interesting, and I need to learn from my mistakes too.

Would anyone like to share what motivates them to not cut their already significant losses?