G'day Dalaner, yep thats the downside of IT stocks with no earnings and heaps of "potential". Speccy stocks can bite ya - I am in long with just a moderate investment over a broad price range - rode them up to 33 cents and took good profits, bought back in a couple of times and traded up and down - the rest are now along for the ride with a neutral cover now - learnt a lot and if it goes base over apex the loss for me will be marginal at best - that is the downside risk being in these type of companies. How will it turn around? advertising sales growth has to skyrocket ie; earn some big revenue for a change (unlikely in my estimation). Anything is possible I just dropped this one in the bottom drawer and see if the mice eat it lol.
Cheers, WTF..
MKB Price at posting:
1.2¢ Sentiment: None Disclosure: Held