Thanks for that post, locomonk. The market hates uncertainty for sure, and who can panic like a herd.
It's interesting to note that margin calls, a sign of great confidence in a company, the 'greedy' when others are fearful side, has caused some of this extreme move. The longs probably are holding, I hope so, but with all the posts full of wild blame looking to now be mad at whoever has ever said a positive thing promoting the company, etc, and since nobody actually has new facts to share, of course the longs just wait.
I hadn't followed these posts all day, and when I saw their titles and numbers, for a short bit I felt quite a sick sense of panic, too, thinking some terrible news had arrived, but no, it was the new members who (I know- some are old with new names) seem intent on driving down the price while bitterly disclaiming the posts here can have such a bad effect, all while blaming the past confident posters of having caused all to buy at too high a level, ie, of having driven the price up. They talk out of both sides of their mouth.
We are still in the game, and I am choosing to hold.
I can't but notice how often certain 'new posters ' just make stuff up, such as divining the motives of management, assuming them to be the worst, or denying the existence of actual facts, such as the recent increased communication via YouTube to promote Poet and the business plans and facts laid out in them.
I have no idea if these people are shorters, haters, black and white childish thinkers who are lashing out, but one of the things I knew we would have to endure with this unfortunate financing was all of their posts, newly empowered by bad news. I will be so glad when this chapter is behind us.
I watched some of the latest videos to refresh my memory, and the business plan may have taken longer, but it has been progressing and expanding. Long and holding.