Is this the beginning of the end ?, page-12

This investment has been a disaster for me. I bought at 3.50. Ouch.

For a share that once hit the heady highs of $16.00, this is a textbook case in how to run a company into the ground. Too much debt, the lack of planning to put profits away for the downturn (which always come in a company that feeds off a cyclical market like resources), and the inability to recover. Take a look at UGL - also a big loser when the cycle turned, but a company that took action and is slowly crawling out of it.

I'd be happy to get $1.00 a share and be out of this dog. Lesson learned.