I got a "hot tip" from a friend on a penny stock that was supposed to be about to take off. The stock was trading at about 0.20 a share. I bought a twenty thousand shares. It went down and I bought some more. It went down and I bought some more. Again it went down and I bought some more. It's now worth only about 0.061 cents. I don't know what I was thinking. I kept thinking of how much I would make if it actually took off instead ACTC management took me. Billion share dilution and reverse split says it all.
Taken, I could have wrote that, too! I sold around half my shares at a big loss, but bought nearly all back at a lower price. Now in with 340,000 @ 0.075. What is your cost per share? We all should do great, even those in around .28, IMO.
agree i have talked about my loses a few time im down 50k on 875000 shrs,i dont like it but im in so far now i stuck you no(a bag holder) but im a happy bag holder cause when it hits im in the money"an tiiiimeee is on myyy side" yes it is