I agree, NAV. I can see no positive spin on 60 cents, if we even hold there.
"Sellers become buyers" is a great argument if those buyers push the share price to $2 or higher.
Like many others, I'm bound and determined to stick with this investment despite the great pains it is giving me.
Funny thing about the psychology of investing, however. I can recall back when we were gradually falling from $1.50 to about $1.20 and speculating how low the stock could go. I remember my bravado in statements like, "Hey, bring on the next 2008 and let it hit 5 cents again. I'd mortgage my home to buy every share I can get my hands on."
And now, well over a year later, I would NOT risk much more at all. I'm not selling, but I couldn't find the gumption to gamble any firm or stable asset to take on more of this grief!
GLTA.