If he bought 300,000 at .08 and sold them at .03 thats a $15,000 loss. That is believable. But its more than just 'timing' - if he didn't realize like we did for months, that this stock was worth flat zero then he just threw away his money. And if he still thinks its just timing, he will keep throwing his money away until he 1) learns, or 2) quits, or 3) goes broke, or 4) depend on luck.
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