Because you will be able to buy back in at the $5 range over the next week. The downside risk is greater than the upside over the next 5-10 days. BTW can you learn how to post a message only once?
For two reasons:1) take you losses and take it like a man( remember it is money, not cancer)2) a company whith an overvalue market cap of 545 millons which lost 7.5 miillion in the last quarter deserves the punishment of ws, so far it has lost 50% of its value in 7 days.3) been long at this point and dream that this company will recover to 10.00 per share is wishfull thinking, reality is so different.remember, date your stocks, do not marry them. The old "buy and hold" theory does not apply in this bear market.
4) you must remember stock brokers must keep up payment on those big houses and if they can get you to trade then they make more money. Come on baby popa needs a new pair of shoes. Plus if you sell in the low 7+ you can proably get back in at 11.