Fun while it lasted (which wasnt very long), I achieved a small profit and dividend. But, Im selling my holding. Too impatient to wait for a PE re-rate. First time Ive actually tried to employ this strategy kind of "cigar-butt" style in low quality company. Not for me i realize. I have other ideas of better companies and strategies i would rather use my capital for, opposed to a wait and hope game.
But, now that ive sold expect a re-rate to be imminent.