This is the worst performing stock in my portfolio...Purchased...

This is the worst performing stock in my portfolio...

Purchased at 60c day after the IPO.... shot up to 90c within a week. Market at the time felt the company had a solid structure and with 'Security' being a hot buzz word I felt the stock had a very good chance of moving higher.

Market sentiment turns, a profit downgrade is released ... and here we are at a little over 20c. With most of the Gold, Oil, Banks, and Mining co's achieving or surpassing profit targets the market is coming down even harder on small/mid caps not meeting forecasts.

Difficult to tell what the value of XTE is. If it hits or surpasses its next forecast the SP could shoot up.