Bacci, I am a Python fan, so I know what you mean and you may well be right.
I've just been watching the board for a while. Thursday the bidders were wiped clean appart from 40k at 4c. I looked back yesterday, half expecting an empty left hand side. I was wondering at what level to put in a silly bid. But I was beaton to it. Not only was someone bidding for 400k at 3.2, but a couple more bids had been put in at 4 and 5.
As I said, I wouldn't be looking at this if I hadn't bought it a long time ago, and fallen asleep on the job. I've already taken the tax loss, buying more at 6.2 and selling them back at 8.9, but keeping the original holding, just in case. Black knight? Maybe. Who cares? The retrospective advice would be avoid companies like this in the first place. I was probably chasing yield and not thinking it through properly. Right now, the trick is not to "invest" more than you'd take to the races.
PSH Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held