I am also out several thousand dollars. However, The IRS allows a right off as a loss for multiple years. This can also be a tax advantage if one doesn't have enough withholdings for a particular year. Having said that, I personally bought at 8cents and way down as other are. The real loss is if you sell which I don't intend to do because I have seen stocks turn around Pier One Imports went below a dollar and then shot right back up to the 40 dollar range. The ones that rode it out or bought low are sitting pretty now. I remain in the let things play out camp. Just my opinion