If you look at it in another way, this is a great example of someone putting his $ into one stock, that he has done his due diligence / research on and having a strong conviction for and then holding LT through the lows and highs. A lot of successful spec stocks start this way but a lot do fail like you say.
My learnings from DW8 is that I should have bought up big early and hold LT. I was watching all these guys buying really low and millions at a time in 2019 and although I had a high conviction to the stock, I didn't have the experience or confidence to buy up. I did end up buying in under a cent but in hindsight I should have bought a lot more, I am now topping up as I get $ but it's at a much higher cost.
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