So, Raja, how do you envision doing that? Day trading this stock? Shorting it? Any other way? You'd need to make up to 40X return on this to break even if I recall correctly. Is it even realistic
I have already started that process and made 2K; It is a long road and I have to recover close to 90K. Planning on using a combo of techniques - long, short, calls, puts, day trade etc. I am not sure I will recover all of my investment. But even 50% recovery is fine with me.
Waiting for the dilution offer. Planning on using option strategies - long long time back had uploaded a excel file here with all the different strategies for various situations - was like a tutorial. Hands were tied all these years (especially the last 3 as I was holding on to the stock and hoping for that rebound which never happened).
I really do not care about these guys finding a cure; if they cannot other companies will. If they do then so be it. Sincerely, feel that this is the last chance to recover/make money. Next time it is is going to be wipe out and that is why I am thinking this dilution will be big and brash. Accordingly may have 2 years or less to pull of a great escape. Not banking on making huge chunks of money at a time; rather many small hits followed by a decent one or a big hit. As they say, little drops of water, little grains of sand...
Also, it is about time to post less and claw back my lost investment.