I think averaging down with this one with a large position would...

I think averaging down with this one with a large position would be dangerous, but each to their own. The long term chart is basically a smooth down trend and hasn't really abated at any point. Plenty have people have said on this stock, "but it can only go up from here because of the fundamentals" and have lived to regret that. If one got in at 4 cents thinking it was cheap that would now be showing a 20% loss and would require a 25% increase to get back to break-even. Same percentage change as going from 15 cents to 12 cents... If the goods come through then nice gains are likely to be seen, it's just so far a lot of smoke and no fire.