when did you bail?, page-2

Bought at 60 cents (or 6 cents pre consolidation) and sold at 09.1 cents. I sold so I could invest the funds in another stock to try and recoup the 85% odd loss. I lost all confidence in the management, something just didn't seem right and I think my gut feeling was correct. I fully believe CCC will go under or will do a massive capital raising at about 1 cent to pay out all debt. Its the only way they will survive really. If it is a capital raising to clear all commitments its a pitty they didnt do it when the share price was around 25 cents.