RE:I am depressed Unlucky13 wrote: I own 33000 shares of BTE which I bought with credit cards. I owe $150000 to my parents and $100000 to credit card companies. I have $1500 a month in interest payments to the credit card companies. My Uber job is down so I am having a hard time paying my bills. I am $250000 in debt. I am incorporated as a day trading business and need about $10 per share to break even. Then I will have to pay tax to the effect of about $60000. So I need $12 per share to break even. I have access to about $25000 more in cash with margin, margins what got me in the hole so much. I am reluctant to tap into that reserve fund because I need basic living expenses. I have been invested in BTE since 2014 and am down from a $50 high share price. Will BTE ever go up, when the stock hit $2.50 it felt really good. FRIDAY'S DROP crushed me. It told me that nothing has changed and this stock will be a $2 stock for years to come. Once BTE drops below $2 I will have to sell my house because of margin calls. At less then $2 per share I will need $20 per share to break even. What would you do? I have been waiting 5 years paying interest waiitng for a breakthrough.
Sell all...stop trading stocks...ask parents for forgiveness and get a normal job.
THis is the best advice you will ever get if any of what you're saying above is true.