Like WTC the damage is done !!
Hard to turn a big ship around and will take time..........
One day this will rocket up again but for now the trade and risk seem to be on the short side.
We can believe whatever we want to believe but the truth is in the share price.
If the company believe in their own story and business model then they should have nothing to worry about and this can be a good opportunity to enter.
Those holding and believe in the company will have a choice to top up, wait out, take some loss or hold on tight or hedge.
I will keep adding my short on a rebound till it stops falling.
The real risk for these high PE stocks with no profit is when the market pulls back they will get hit the hardest.
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