Because of people who would continue to buy it back up with averaging down, and are in denial about how bad this stock is lol... could easily turn a 100%, then it'd be flipped back down.. easily double 10k or so
My post, are done in belief, and In my own opinion. I am not responsible for any trading decisions of others, do your own due diligence and choose what you believe to be the right position is.
Let's continue to beat the market by 100 fold,