The high, back in 2013, was 0.1783 at the old, pre-reverse split PPS.
Adjusting for the 1:25.1 reverse split, that is $4.48 at today's dilution level.
That's a 99.4 PERCENT LOSS in 3.5 years.
And the answer to the question: "What does one have to lose now?" The answer is of course whatever the remainder of the initial investment(s) still exist.
Unless one would happily take a match and burn $500 cash, why would anyone lett $500 in an account CONtinue to vanish to ZERO?
Sunk costs fallacy.
Averaging down to zero is a proven 100 percent lose plan - and it's the most commonly executed 'strategy' for pennyscamvestors to follow. It's a psychological error - avoidance of facing the reality of having been utterly wrong and realizing the loss. So this averaging down to zero strategy just delays the pain butt at a growing LOSS and a bigger ultimate pain.
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