Ok. No problem. I'm worried to the extent that the upside could be limited, but I'm not heavily invested here and I could weather a total loss if it played out that way. In fact I had to do just that: eat a total loss on the remaining shares I had in PGPM because it got suspended by the SEC for suspected fraud. It got demoted to the grey sheets when trading resumed and is now trading around .0003, far down from .0039 before the suspension. I was fortunate enough to have sold 70% of my position on the way up. When it was on its way back down, but before the suspension, I started to expand my position again. So from 30% invested I swelled back to 60% of my original position and that's what I took the hit on. But, since I sold so much at higher prices and I rebought at such low prices again, in the end I still came out ahead. Still holding, and actually bought a bit more, but from what experienced penny stock researchers say it looks like the stock will never recover. The point is sell a majority of your position on the pop, maybe even more than I did (shoulda sold 90%), because convertible holders will want to lock in their profits and they will be selling on optimism. They're conversion price is almost always ultra-low, like .001 to .0001 from what I've gathered. The company gets very little for issuing those shares, and the note holder will take the money and run. They don't call it toxic financing for nothing.
