How many times have you read an article that most investors lose money in the stock market. MM's, media and Analysts are all in the same side. To steal from the small investor.
Many that bought ACLS above $3.50 are selling at the 2.70's fearing the worse, fearing that it will drop much lower. That's selling for a loss, then they turn around buy a different stock and the same thing happen again and again.
That's why stocks in the big boards required patience and YES money to avg down. IMO and most important don't sell for a loss, mainly on stocks like ACLS.
Look at my HERO it was at $3.00 then some analysts downgraded it came down to $2.30's before I could sell, however I bought more at 2.30's and sold at 3.50's --