RE:Throwing good money after badSo in averaging down "several times" sounds like you were buying from at least $60-70 and held on until $12-$15 and then sold? The company looked like a better deal to you at $60 than it does today with a market cap of <500m USD?
Seems odd to take a $45 hit like that and sell now when it seems like the best potential is now with a ton of shorts that need to cover and there is very low volume (selling exhaustion). If you take a look at Valeant you would basically be selling at the bottom and it has risen over 50% since then. definitely no guarantee the stock will rise but risk / reward is getting attractive for going long imho. If I managed a large fund and had to choose between going long or short 5m shares I would be more fearful about going short because trying to cover with everyone else would cause a panic buy and make it difficult to cover my postion. Just my thoughts and as always could go up or down from here.