Ummm...there's a potential problem with that scenario. If you have suffered an 80% loss to your capital and do not average down, you then need a 400% gain just to get back to break even. Do I see that happening under the current scenario, i.e SP back to $0.75 ? Difficult without severe remediation of some sort. I.e. more capital needed.
What has gone wrong, page-13
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