Scary for those who have invested above that price. But then again, you don't lose money if you are not selling so why worry? And besides its another buying opportunity and just hold on it as long as you can.

$400 is likely though, as we have seen that this market is very hard to predict and as much as we don't want it to go down again, it will, so just be prepared and not to panic is the situation goes to worst in the next coming days.