I had another stock it was kind of the same scenario. After 8 years it finally moved up from 1 1/2 cents to 7.. I think I've probably owned this one about the same..
I'll tell you a story of another one I had at about average cost 6 cents.. 300k shares. It went dark and I sold and took the tax loss. Got .00013 cents a share.. Nice tax right off.
Off set some of my other gains.. A friend of mine didn't sell.. it came back about 7 years later.. He got $35 cents a share..It then went to $140 a share.. I wished I had of kept mine.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.