Early 2012 (maybe Jan) I bought in on exciting news at 8 cents. Spent $32K. Then share price went south. Exited around 5 cents. Instantly lost $12K.
Went all the way down to around 1.5 cents. Then March 2013 was the jump to 3.5 cents.
Missed that one.
So I wanted to make sure I caught the next jump so when it went down again I put in $50K at 1 cent to get 5 million shares.
Then share price went down again. I bought more at 0.005 to average down to around 0.008 and just missed out from being a substantial holder.
Then consolidation happened at 0.001 and when I expected it to hover and stay around the 2 cents consolidation price it went down further and as low as 0.003.
So yes portfolio crashed in excess of $70K.
I bought a few more at current levels and now hoping it will rebound to at least get back to the 2 cents consolidation price . Then maybe I can get a quarter of my losses back, if that. Knowing my luck, when I finally sell it will keep going up, but I do want to exit at some stage.
So overall would have lost around $80K plus on VOR / CJC.
But I still have hope. Every share eventually rebounds. Just hope I am still alive when it does.
VAL Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
