Still holding 1900 shrs avg 23. Very hard stock to read. Sorry I bot into this roller coaster ride. The weakest stock in my portfolio and most nerve racking. Sorry I got involved in this stock. Holding to see if the upward movement is for real. I also own a lot of calls for Jan 14. There is no rhyme or reason as to how this stock moves. The short position is way too high and they really control this thing right now. Also others will eventually get into this space and it may be best if this was bought out by someone where FIO would add to their business and avoid them going into a build up from the beginning. PLenty of suitors with money to make this happen but will it? Good product, leader in there space but stock has not acted well and too much leakage from company going into last CC. Not happy.
If you're serious about FIO, then buy back in 31 days - it ain't going anywhere.
Write off tax loss . The only downside risk is that there could be some great news in next 31 days that you may miss it. I think there is higher chance in overall market correction that will drain all stocks including FIO. It's cold heartless money , don't sweat over them. Don't be emotional about your loss.