I can't afford this kind of a loss. This one is on you. Nobody put a gun to your head and told you to buy that stock. There have been a lot of high fliers out of the gate that fall off but then recover very nicely. Whether this will be true in your case, I have no way of knowing.
Risk is an integral part of the stock market.
Hot tips like this very rarely have any merit. I don't see any regulations or laws broken. You made a decision, and now you have to live with it. Send your questions to JWR contributor Bruce Williams by clicking here.