I think a lot of guys in here seem to have been playing the cycle that was occurring over the last few months. It was too steady, almost like a heartbeat up/down/up/down. Buy low sell after it pops a little. Repeat. I'm guessin ACE was one of those guys.
With this recent drop, we've broken through a lot of support levels so it may go down quite a bit. It dropped like 70%+ in ~ 2014 I think. If it goes that far this time we could see mid $30Ks.
Of course, I'm not an expert like JJGold who has his pulse on the market. I'm just reading a lot of articles from others who are so called experts like JJ.
But, its fun to play in this market. Excitement.