RE: UnfortunatelyWhen one decides to bid on a companies shares, it is the same as any auction. You have a chance to look over the goods beforehand (due diligence) and YOU decide to place a bid because you have concluded there is potential value for you. The seller thinks they have realized all the value they want so they sell to you. You take it home and look it over more carefully and maybe you find out you did not get what you really thought. Oh well, so is the stock market! Sometimes after you get lucky and can find another buyer (sucker?) and maybe get your money back or break even. The broker always makes his money just like the auctioneer.
Time will tell if we have a chance to get our money back, but there are no guarantees in this business. With all the unknowns in this game, you have to be very lucky to make money on these type of companies.
GLTAL