Don't worry @verce , I take responsibility for my own investment decisions. I thought there was always a chance that VIV would be able to become cash flow positive before they run out of money. There is still a chance of that. Worst case is a total write off which my portfolio will cope with anyway, but I don't think it will come to that (not yet anyways). VIV is not a large position for me so damage is limited. Investing at this end of the market is really about finding a few shares you think will do well over the longer term. Even when you put in all the hard work some will fail, that is just the nature of it. But hopefully you have enough which turn out OK because they can end up more than paying you back for the losses.
VIV Price at posting:
2.5¢ Sentiment: Sell Disclosure: Held