sidewinder - this is a speculative play, if people have invested their "savings" in it then they are using the term very very loosely.
You also point out its down 8% today but it is actually up from the lows of last week indicating it may have already "stopped" and is rebounding - there are many ways to cut a cake.
As rodger points out, its only a loss if you sell. Knowing this is a spec play, the SP is always going to flcutuate. Any sane person can see this hand is still pre-flop, still many more cards to hit the table.
NSE Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held