Good luck with that. I tried that with the corn ethanol stocks when they went under in 08-09, never made a dime. Only rally will be small at about .02 from short covering. I did not expect BK this soon! Sure glad I never averaged down on this one!!!! I think cheap natural gas, and managements inability to control cash burn, and sell systems killed this one. They had way too much overhead for way too long. I bought the press last year that they would turn earnings positive when the NY plant was running. What a BF lie that was!!!!
Sad to say it, but I have gotten more burned on US Tech stocks going BK, than China Tech stocks, in spite of all the fear mongering short articles about China stocks!!!!!
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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