zero doubts some longs (who were either frustrated

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zero doubts some longs (who were either frustrated or unsophisticated or just emotionally exhausted) sold

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That's hilarious.

Maybe they just wanted to preserve the value that they had when the trend, and the information provided by the company, was clear.

The trend: down.

The info: We can't seem to get this to do what we want. And our founder is a shyster.

I know one pipe investor got out - probably with a profit - when it was clear things were not going well and the founder was not to be trusted.

I should have listened to him. And myself.

But I had involved so many friends in this company that I could not do what I knew was right.

The right thing to do was to protect when very obvious support levels were breached and wait to see if the technology could reach commercial maturity.

As that same investor told me: "There will be plenty of time to climb back in if things pan out." Maybe not an exact quote, but the message was the same.

Some people just keep believing in the face of obvious difficulties and average down waiting for a turnaround that may never materialize.

At least I stopped doing that.

Except for one small buy at .10 just because. And I should have sold that on the pop.

techisbest