I don't see anything to hurry at on this one. The only good news possible seems way out there, unless layoffs and project cuts are good news? This whole technology is suspect now, and these guys will spend the bank trying to prove their point. I hope they can, it seems like a great idea, proving it is another matter though, and will take a long, long time and many $$$. They have two strikes against them, with two out in the bottom of the ninth, down by multiple runs with no one on base. I haven't looked at the financials really, and don't have a vested interest in this one, but $ cost averaging down is not always the magic answer. Good money after bad comes to mind. You might be able to play some dead cat bounce at some point soon, but I would see it as an extremely short term play, and not an averaging of your $4 stuff. My guess is you'd be waiting a long long time for a return on that. Whether you hold it or take your losses is another call entirely - tough decisions to make though. Be thankful you aren't in at $18 though.
Rman
Rman |
