Does it really matter what the share price drops to at this point?

As Gramps said, each share sold will likely be held by stronger hands. While I know there are day traders, there are also others taking some cash and adding a few more to the pile.

The ridiculous prices these days just allows those with some extra loonies to pick up some shares off of the likes of Pinetree and others who are in really bad shape.

The laughter today is good as what else can one do in the face of adversity as we are seeing this week?

Again, most of the longs would not consider selling under $3 a few months back, $2 a few weeks back, and now under $1 today, so we are stuck out at sea until the coast guard comes to our rescue.

We made it clear on here that no one should be on a margin in today's market (I believe back in July) and I really hope no longs lost shares because of margin calls this past week. Most of us will not sell at this point so the share price is irrelavent outside of the depression it causes when one looks at the portfolio value.

Remember this day (The Oct 7 loonie Day) when we hit some good share price numbers in the future as I plan to celebrate with all NOTTERS on that day. Dismal days like today, and like the .29 cent share price in August 2007 (after a high of $1.07) will pass soon enough. Either that or the world economy collapses, anarchy ensues, and it is all irrelevant anyway. Can anybody say "Do-over"

M1.