Here is what I don't get.
Why do people care how low the price of the stock goes... Frankly I want it to go down so I can buy more at a lower price. Hey i wouldn't mind it going to .015 cents again, My dollars would go a lot further in buying shares. In the short term does it matter how much it goes down?
I understand everyone wants it to go up quicker... But for example... I currently own 250,000 shares... if it goes back down to .0195 i have a bid in for another 250,000 shares which is outstanding.. at the current price it would cost me just over 6k for 250,000 shares and only around 4800 if it went down to the 1.95 cents (that's 0.0195). If it went down even further id buy more... (this stock is going to go up, who cares how long it takes...)
I think we need to stop freaking out about the day to day, and look at this as a long run type thing..
Hope you all have a good weekend.