How this game is played
All right, there is bad news and the SP is down 27+%. Those who bought high have 2 options: sell and accept your lost, as moan and groan serves no useful purpose. The Big Boys know that and the way they play the game is this: don't lose your pants and bring it down slowly to zero. Heck, if people wanted to bail out, it should be at least 3 cents, then 2.5, etc. Trading is as much based on psychology as it is on the fundamental: panic instinct, greed, indecision, denial, projection and so on. The Big Boys play the same game with stocks that has a high probability of hitting the jackpot and Edgewater Wireless Systems Inc. (YFI). If you know the game, you would buy low, and keep adding, as there are always profit-taking and Big Boys will bring the SP lower, sending panic signals. When they do that, I load up. For me: no panic. LOY is not in the same class as YFI. Options are: keep adding by buying low (I did with LOY. Added at .9 cents and now waiting for .7 cents. Or, bail out and take the hammer on the head. It is your choice. Whatever you do, good luck.