i bought 1.48.& sold 1.51 . it traded 93 today but it keeps...

i bought 1.48.& sold 1.51 . it traded 93 today but it keeps finding new lows. Goyder bought millions at $2-40 &,then they started sqealing about shorting .If you want to own these shares you have to buy and hold no matter what . But that's pretty hard given it has come off $10.
I realise they said they got enough money for 3 years. But what could murder this stock , is if they were to try to raise money at this level, ie say a 1 for 1 at 50 cents Just got to hope they are not that wreckless . This stock trades like momentum trading in reverse. Any chartist who's bought this in the last month is way down . Untill it breaks up solidly though it's medium term moving average , it is not a buy. It's already seen one false buy at $1- and then found a new low at 93 today. Buyer beware. It does happen with stocks eg Pasmico, which didn't stop going down & traders found it difficult to accept it. Indeed it is hard to accept this could have 'woofa' status. Don't forget Twiggy's shares , fell to around 1-2 cents once .