Hmmm. That was pretty brutal (and I will be honest and say I sold a port of my holdings, as the holding became too large a part of my portfolio).
But.. I fear, there might be more short term pain.
The $90m raised at $2.60, means, that there is a lot of holders still in profit and, may be more comfortable selling when in the green (just the mentality some follow). Hopefully the company won't let the market gyrations deter them from sticking to their core growth plans.
Tough day.
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