I know I'm not the brightest but...I don't understand why people...

I know I'm not the brightest but...

I don't understand why people cotinue to buy this stock.
It's like trying to catch a falling knife.
What is the urgency in buying? If people like it that much why not hang around until it stops falling? Let it turn the corner well and truly first, ok so you want catch it right at the bottom but so what? If you think it's going to head back up to $20 or so then you'll still make good profits.
I lost about $6k in the stock when I finally couldn't take the pain anymore and got out at $12.
Hedge funds now have the stock and they will no doubt rip it appart