Quote (Bazi @ Jun 26 2020 09:59pm)
I bought in before around low 30s. Then after the fraud I averaged down a little bit before it got unlisted, to average price of just under $25. Then I been looking at this ugly thing in my portfolio ever since then. Riding it out to zero I guess
Why? You won't get anything back as an ordinary shareholder. They've legally got to pay out secured creditors first, then unsecured creditors, then preference shareholders, then ordinary shareholders. It is irrational to hold onto shares simply because they've gone down in value so much it's not worth a significant amount to you anymore, when the consequence will be having nothing.