### Comment:
That news wasn't available when I bought, my avg. was at .11 so I guess I chalk it up to a ~ $100 haircut and remember the lesson. 
  
 That being said, I saw an opportunity to get a piece of a company that looked to be part of oil's 'rebound', also this was before the tariff garbage too.

### REPLY:
Damn unlucky. I just (wrongly) assumed it was a very uneducated bet, you can see people pumping the stock all over the SA articles they completely ignore the fact that their equity stake is about to be wiped out.  
  
 But if you did it before the restructuring announcement then it was just a bet on the outcome which isn’t bad.

### END.