Baldy1, I had that much in ERG a few years ago too, but bailed...

Baldy1, I had that much in ERG a few years ago too, but bailed out. Did it a number of times when I thought it was a good chance to turn around, but bailed out every time. This is one stock NOT to buy and hold. There were 100s of buyers lined up a few months back, soaking up millions of dollars worth of stock @ .12, but now look at it. Same thing might happen now at .08. There are always a bunch of punters who think it's "cheap enough" and that it might be the low. Who could blame them for thinking that and having a go? Everybody else has. lol.

Bitter experience of many people has proved that it is NEVER "cheap enough" with this stock. I think you're doing the right thing, Baldy1. Make your money back somewhere else. .. Warren Buffett's philosophy doesn't apply to this one.

Happy to be proved wrong, of course. But I'm happy to be elsewhere but in this basket case. There are better opportunities out there with a greater chance of success.

Same thing applies to Nylex!