Because that is the bottom of where the support line is at 7.3...

Because that is the bottom of where the support line is at 7.3 cents.

And if support is broken, well then 5 cents would be the next support level.

Just like people buying at 47.5 saying how on earth could this go to 7 cents.

It broke through various support levels on the way down.

Buying at support for trading a stock can be a good strategy as it may offer lesser risk in capital preservation.

If it support breaks which it has done on several occasions on the run down, then significant loss of capital can occur.