Wait a second, longs being worries about short term pps? Sort of contradicting.
If you're a long, you're probably not worried about short term pps. Esp longs from sub dime prices. We may watch it daily, but long means long.
Bag holders? Maybe those buying in at the highs, but people should already know better. See if it consolidates in .40's a while - you'll find a good re-entry point!