I did not buy to short. I buy something for 1 year expecting more return than bank. My expectation is at least 5-10 % return at end of one year. Nothing more.
I bought this at 5.23 and I am not hopeful about this returning to 5 level in near to 6 month.
I am hoping if it goes about 3.50 i will book loss and get out of it. I had the same experience in Citi i bought at 46.7 (4.67 then they reverse split 1:10) i sold it at 25 in last July it is still not back at 46 level i was hoping to cover my loss of citi with this but i got into even deeper hole.