'Frugal Investor'
I'm not an investment counselor, just a traders trying to pass on my experience.
I feel you concern, been there. But I can't tell you what to do with you trade or what will happen to Gtel's PPs.
I can only express my opinion on what I see happening to gtel after the fact. Technical analysis and experience only allows the individual to take a guess what to do.
My guess is don't accumulate Gtel shares now. It may continue to go lower. If your not to the point where you know what your doing, IMO you should only use a small enough amount of money, that you don't worry about loosing it. Because playing penny stocks is the best place to loose money fast!
Not trying to sound like a snot, but we all have been newbies and felt the panic. The only way, to not get that feeling, is to use less money and learn. Winning or loosing a hundred is better than winning or losing a thousand, when your new.
About all the advise, I would feel comfortable handing out. I have had every extra dollar I could get my hand on in stocks that went down so far, I couldn't sell for months. One of the first things I learned NOT to do again. If your there and can't hold for months, on a bad down trend, I'd try to break even and start developing a trading style that matches my cash.
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