re: my worst trade ever...trade???? Your heading says where you made your mistake....you did not trade, and MUL is and was a trading stock. A new business until it produces results that you can read and assess is an unknown quantiy. Something like 10% or less of new listings achieve their figures in the prospectus. MUL was a new stock as such by taking on a new technology/business plan and should have been treated as such. Talking about cash, returns, shares on issue etc is irrelevent in these stocks. Anaconda Nickel is a prime example of a new technology that has had a rollercoaster ride before getting it right at a share price a fraction of its dizzy heights. What I'm saying is that there is a stock out there to suit everyone; these stocks are not for you, they are for daytraders and market hardened old lags that know when to be in and when to be out. Out of the ashes will rise a company that will have a market product but it will not resemble what you see now. Look and learn.
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