I think there's a high probability you're a basher making up a story given your account is a whopping nine days old but I'll answer anyway...
Average down your price. If you doubled here at .40 that would bring your average price to .565. Then be patient. The BDI has been declining every day for several days. The stock is extremely volatile and should have no problem getting back up there. In spite of everything the stock is still showing a lot of strength. It's holding its support levels and responding to good news. In my opinion it will pop very soon.
If that's too much for you to handle then take your loss and go put it in a grandma stock like MSFT and you'll make it back in a few years.
Sentiment: Strong Buy
This POS is not for the faint of heart. Its favorite color is RED. If you are going to hold you need to set your price and not look at this on a daily basis. daily gains are almost always eating up in the next couple of trading sessions. We hold waiting for news that the shorts will not be able to contain. THERE WILL BE NO SUSTAINABLE SPIKE UNTIL WE GET THAT NEWS. I only hold because I believe that news is coming. until then only the shorts make money here. Set your price and don't look at this POS daily because it will make you sick
"THIS THING IS A BUY"...and it is a buy because? I rest my case.
My japanese nanosoftware predicts under 10 cents based in fractual nanomathnogrophics. Therefore, the Rabbinia Orange Fund will continue its short position.
I was up that high but I averaged down when it dropped in the 30's. Although I hold I have serious doubts about this company. I only hold because its money I can afford to lose and the potential gain is high. It's like a lottery ticket. If you can't afford to lose anymore then I would get the hell outta here because the shorts/DAYTRADERS outnumber the longs and they drag this down when any good run is attempted. I hope those who say this is going back to .75+ is correct because with no info on revenue or future plans I don't see how a 10 million dollar investment alone is enough to sustain this company. One would think if you put up ten million you probably have a little bit more info than the common shareholder.