Greenhorn you need to look past it
So long as small retail investors foolishly try and follow the already well established short positions taken by hedge funds and what have you ABX will be a high volume and volatile stock. However, if you believe, as I do, that this is the opportunity of a life time and a repeat the historic gold play of 1976 than this is fantastic. I do not know the depth of the stupidly of those who continue to try and make money on the short side, I only know that when gold turns few true believers will part with their holdings, be it physical or equity based, and consequently covering will not be easy.
Personally, I've added ABX and NGD on each and every new low; I have no regrets and total faith in my convictions. But to those who do not I suggest you sell and let us get this full blown capitulation over with. The thing with those who sell at a loss, and do fold there positions in, is they became bitter spectators paralyzed by fear and normally never re-enter, or do so at the next new top.
Not following the crowd is never easy.
Good luck