I think there are two camps. The first camp are the people who bought at $.29-$1.00 last December-February. They want to keep it for a year so they don't pay short term capital gains tax. Psychologically, they aren't too bothered by the drops because they have still made a lot of money. Seems foolish to me. People in this camp tend to have the weakest grip on the reality of CYDY. They also get upset when legitimate arguments are made against CYDY because they view it as hurting their investment. The second camp are those who bought between $5 and $10 aka the bagholders. These people are pretty depressed about their situation and cynical about CytoDyn. But many can't stomach taking a loss. So they are going to ride it out. These are emotional investors who jumped on the bandwagon too late. They are the type that buy at peaks. If the stock did miraculously rise back to the point where they could break even, they wouldn't sell because they would be so excited.