It might be OK for seasoned pro's to hold on, and if there was cashflow and/or a proven base of profitability over the next year or two it would be a different story... but to me the risk is in the fact that its all "possible"... and though it might be probable, and "the market" has spoken strongly in the positive on occasion, the risk of more retrace is significant.
Add that to the fact that the next few weeks or months could be volatile and can you blame the small guys for getting out?
Having said that, I must state that I am a relative newcomer to this business.
Rennies
NIA Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
