You can thank Lanza and Rabin. I know for a fact there are many, many of you that need a 400% gain to break even, judging by your posts over the last year.
ACTC is a trade. Only the daft would buy and hold a penny stock bio-tech that is years before it's time and suffers from constant dilution. I am sincere when I say that I wish you had listened to us actc bashers along the way.
The ONLY way you can make at least PART of your losses, is to trade the pig. Not many argue it is going to .04 or well below. Sell today, buy back in the .04 range, if the uptick buys are in big blocks and the volume steadily increases (Lincoln buying). Beware the market makers trading to each other in 5K and 10K blocks, even on the uptick, that's a false reading to sucker you back in. Repeat the process as much as you can. It's what most of the older baggies have been doing to make back their staggering losses (from their initial buy and hold).
This is my gift to you, if didn't already know how to recoup some losses.
Karen, I guess when you buy at $7 you have right to be angry, buy don't attack us current shareholders for that mistake. As for me I bought in this time at 0.183, so currently I need it to go up 333% to break even, but my caveat is that a few years back I bought at 0.04 and sold at 0.25, making some nice chump change in the deal, and it still has me ahead in this game. And I'm holding and not bolting until 5.0 or above, so there.
Transaction costs and short term capital gains can eat up that strategy Karen. This type of stock is simply not right for most people. This should be where "play" money goes once you have an established, well diversified portfolio - its all or nothing with ACT. Of course, my opinion only.