That's what I call "courageous". May I ask what makes you think the stock won't go down even further? They're in a catastrophic position at the moment (and I haven't read anything that points to improvement) ...
PS: Of course a turnaround is possible. But - in my opinion - it will probably take years. That's why I don't understand the "investment".
Or is this a typical beginner's strategy: "If they've already fallen so far, then they HAVE to go up again"?
No, they don't have to. They've fallen so far because they're virtually bankrupt and were doing extremely badly before that. Just for your information.
