Teamrider- you are not alone.
I, for one, feel your pain. I have a similar story if not one that is far worse. Nonetheless, I have stuck around since before the big pump and I am starting to feel more and more confident again every day now and accumulating again. I agree that there is always the possibility of a rinse and repeat cycle and am sure the MMs will make sure we go through more than a few this summer and fall.
But I would go out on a limb and say that this is coming together nicely. And once they actually start putting money in the bank from algae sales and PBR leases, which could be as soon as early fall or even sooner, this is going to really raise some eyebrows- IMHO.
Given that I am an optimist, I also know that DF and his crew are ultimately completely driven by the prospect of green gold, not algae, but MONEY. So, when I look at how hard they are working, and the overall flow of reports, (sure some are pretty fluffy), I see a stock that could go into the double digit pennies by end of year.
The right new CEO, competitive issues, overall economic forces and all taken into consideration, if all the stars start to line up, 20-30 cents seems completely doable and a move up to the next exchange is likely (again IMHO). Barring major incident, I am holding out for those days, even if it takes another year. When I crush the numbers, (if such numbers are attainable and I think we need to be conservative, but this is), we will have revenge on all the naysayers.