SHG Value, page-116

Obviously you don't understand contrarian investing - it is more than just investing in a stock simply because the market has turned against it. Successful contrarian investing requires that you assess the actual business whose stock you are looking to invest in and deem that the business behind the equity has actual tangible value not reflected in the SP and that the SP is trading at a discount to it's value. In this case if you are patient the value of the company should become apparent to the market over time and the SP will re-rate to a price more than your purchase price. Hopefully significantly more.

In this case the company has next to no tangible assets, debt it has no way of paying back, and (critically for a service business, especially a legal one) a reputation and credibility damaged beyond repair. Net result is the SP is not trading at a discount to it's value, rather it is trading at a premium to it's discernible value (which according to Morningstar and others is around the 1c mark) so it is not contrarian investing at all, rather it is nothing more than blind speculation based on zero logic with no reason to believe the SP will turn into a multibagger other than you want it to. Gamblers never know when to leave the table and you will lose your shirt in the end if you are not careful.