That's a good question, I don't know why people are selling this cheap unless they want the tax write-off, then buy it back after the 1st of the year.
As much as I hate what's happening, I'm not taking this much loss when there's so much chance this is the bottom and it's about to bounce. I have to stay in all or nothing rather than repeat past mistakes where stocks bounced hard right after I sold and took a loss...and MINE was one of those where I made that mistake in the past.