@spartan I feel for you man. I had a similar experience with another stock. The Happy Clappers were rejoicing as the SP tanked, and tanked and tanked and I had fallen in love with the stock, so any "down rampers" were clearly deluded and a had a "vested interest".
Looking back it was the holders who had a vested interest to keep others in. I also lost a material amount of cash (it hurts to talk about it), but better off losing half my working capital than all of it, at least with half I can wrestle my way back.
Leason's learned for me?
1. Read quarterlies in detail, dont just take others opinions on face value
2. Trust your gut - there will always be other opportunities to make money
3. Everyone on HC has an agenda; most are good apples but some are not
4. If a gold miner starts having issues get the hell out
5. I have learned to give much more credence to the perceived down-rampers.
6. Talk to management, not so much on the content (most wont tell you their setup is a shitfight) but their tone and attitude and willingness for transparency. I got out of BLK when I saw BD present in Germany on production and he had zero confidence. When I flagged my concerns on HC I copped an earful.
Hope Im not coming across as Holier Than Thou but my bank balance transcends ideology so I thought I would say something....
