Um .. just guessing here his actual meaning, but I bet he means that a lot of the selling today, far from being sells-at-loss, is actually buyers who bought below .0004. And if that is the case, this will help form a base here that will make it easier to move to the .0008's 'and beyond'. I certainly hope so, as others do. But even if it were sells-at-loss, those locked losses will make it possible to move up for almost any reason, and especially positive news.
Did I get that right?
Ransom