I'm with victorious on this one.I am very new to the sharemarket...

I'm with victorious on this one.

I am very new to the sharemarket and this was my first investment where I have put in $8000 which is now worth just over $2000. Although I lost 70% of my money, it has however been a good learning experience as I will never put all my eggs into one basket and now I understand the real meaning of diversification.

I don't need the money for at least another 5 years so I may aswell sit with what I have put into this stock and hopefully in a couple of years I can get some of my money back if the company does become a coal miner.