papaul, I was upside down a LOT in this after the reverse split. The only way I ever got my money back was to average down and then take advantage of the jumps in the pps.
You know that $500 at this pps buys a lot more shares than it did at .06, that means you have an opportunity to get your money back.
Two weeks ago it went from 0055 to 015 in 1 week. And it will do it again, all stocks bounce around.
83,333 shares at .06 = $5000 ---> If someone bought here
83,333 shares at .006 = $500 ---> It would be worth this much at 006
I would suggest buying those shares at 006. That lowers the cost average to 033
Next time it gets to 015 sell it all for $2500 to get 1/2 of the money back. Then do it again if you want to try for more. Or, you could walk away now and lose it all, I hate doing that though. lol
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