Guys, what's the rationale of this dropping to 80c? IS there a...

Guys, what's the rationale of this dropping to 80c? IS there a substantial reason to believe it or just since it has dropped from 2$ to almost 1$ so people just think it will drop to 80c? If this is the case, this is as nonsense a prediction as saying that it will be 10$ as it reached from 20c to 2$ in some weeks.

I had felt some uneasiness due to poor sentiment last week and had sold two third of my holding at some 10% profit. IF it goes to 80, there will be all likelihood for this to go to 1$ again before crashing, if it ever has to happen. The stocks, going up or down, don't go in straight line. There is a lot of money still to be made here by following the charts at least.