It's a failing business model, and will eventually go bankrupt. I appreciate a good stick-it-to-the-man as much as the next guy, but betting on a losing horse will only lose you hard-earned money. Don't get caught holding the bag when it goes to zero.
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They are most definitely not going to zero.
I don't think you know much about the situation.
It's definitely a risky gamble to put money into it at the current price but I doubt it go below 40 any time soon.