A company would never receive financing if the len
Post# of 75011
If you're already financially committed, it seems like the best plan of action is to wait it out and not sell at the current rock bottom stock price.
Look at it this way, the stock is so low you've pretty much lost your investment anyway if you sell. So why not just quit the obsessing, and looking for someone to blame and wait and see what develops in the New Year?
Don't forget, the people running this company put themselves at risk of facing a class action lawsuit for misrepresentation if they claim bankruptcy and take the money and run.
I'm sure they don't want that on their records.
As for myself, I've been averaging down. With the price so low, what does it matter if I invest a bit more at this point?
Averaging down makes the most sense to me.
You just never know. If they succeed with the new line, a lot of people who are running scared right now, might be kicking themselves in a few months.