I am new to buying stocks, and for whatever reason I bought this stock a while back, the third stock I've ever bought. I have lost so much money on it that I just didn't see the point in selling it. But if there is someone out there that has a few stone cold facts under the belt, I would love to know if anyone thinks this stock is going back up. I read on here all the time that this company is going bankrupt. Just seeing whether or not to save the few bucks I have left in this stock and move on. I have all the time in the world to wait it out if its got a chance. Please help with some advice if you can and have the time.
You may want to consider that the current market price appears to have bankruptcy or the news of delisting already factored into it. Therefore, it seems that the stock has a much greater chance of rising than plummeting further. You may be rewarded for patience-
You may want to consider that there is nothing of much value here at all and that they owe far more than the assets they hold are worth and that most of the "news" they put out turns out to be so much malarkey.
To be honest with you I don't think it will.
1) This company has proven themselves to be dishonest.
2) There is no new news releases in ages.
3) I haven't seen their filings to prevent delistment ( I could be wrong on this though)