Or I guess, the alternative, if you borrowed to buy the shares,...

Or I guess, the alternative, if you borrowed to buy the shares, is that you can continue to hold them until all is finalised and write off the borrowing costs each year. Check with your accountant.

As an example, I have another loser company that is still functioning (badly), which I paid $9 per share for and its trading at about 15c (not really sure, I never bother to look). In my mind, the money's gone, but each year, I receive a tax deduction on the funds I borrowed to buy the duds in the first place. Its some consolation.