I have to admit, if I had bought at that price I might be a little upset. But, many people did not buy back then and are looking at current situations to base their buying and selling on for ARYC. Everything is not perfect, but that goes for most of the OTC, but there are roads for this to go quite a bit higher, and of course it could go lower as well. I sense a slow climb here, unless big news comes, and I know that does not help those who bought in at those types of prices you mentioned, but the buying and selling of any stock is a gamble down here and up above in the other exchanges. There is a slightly different aspect to trading OTC stocks as there are pumps and dumps of all sorts, and toxic financing, along with other items that quickly change prices in the OTC.
I never hold long in penny stocks unless I have doubled up earlier in trading that stock and then can let free shares be my long, and I also believe there is a chance for that company to go much higher than current PPS because of possibilities that exist, or could become a reality. Rarely do these come to fulfillment, but I cannot complain because I have set myself up to be holding free shares if it happens to go down, and if it goes up then I am already in the game.
I have had a fair share of mistakes as well, but I learn from them and move on to the next. I could be sitting nice with a quick 50000 in AZE*, but I sold two days before it ran like crazy because I wanted to buy a couple million shares of an OTC stock....I made 700 off that trade...uggg... 700.00 is not 50000.00
As you say, we all live and learn.
