Scipher starts the long road back to recovery

Thankyou Dr Jekyll and Clarendon. your comments are greatly appreciated. my reponse will be a long one but ill try and make it short as possible. after this post i may lose my credibility on this site..

i have messed my life up, i just wish i can turn back time but its a fact that it wont happen. believe it or not i am only 20 years old ex student. i grew up seeing my dad invest in shares, he used to get literature through the post, i mostly read it as it made a good reading, one of which caught my eye and tempted me to subscribe. after i turned 18 i thought ill put it into action. i started off investing £500, at the time i was very successfull at which point my dad got involved. my dad gave me a tip to invest in one share. call it bad luck or as i call it destiny.. somehow or another the trade got placed twice making the resultant investment £18k. the share tumbled 60% wiping my profits and invested money. at the time i was studying and had a part time evening job so i could not keep an eye on the markets. i couldnt take such a loss emotionally, i was already stressed to the max with being a student doing one of the hardest degrees out there and working evening mon-fri!!. as a consequence i fell ill and couldnt concentrate in university, it was really playing on my mind and i needed a way out and carry on with my life with no involvement in the stockmarket. for a student losing even a £100 is enough to commit suicide.. again call it bad luck or destiny natwest offered me an account shortly after with a 10k trading limit. with exams approaching i thought this is the only way i can make things right. the very next day i came accross scipher... i thought this is my breakthrough. i researched and seen as the recently won a contract, the placing, new CEO and a disposal i thought the results cannot be significantly bad, any positive comments should send the SP up, at the time most shares in the sector were up besides SIP.. i bought 10k at 8p.. the 10k which natwest offered to a student.. in a couple of days it was down to 5p on opening on results day i bought another 10k.. i really couldnt take it and wasnt thinking straight..

in a nutshell, i had to pay £10k to natwest.. on a very high paper loss on this share and the money i lost on the previous share.. part of which i used all my student loan and the overdraft which i had and the rest i borrowed off my dad who got me into this mess, denied any reponsibility. i ended up in hospital, on a sicknote for 3 months! with insomnia up until this date.. not going into any details, all of which is fresh in my head.. i had to leave my job at which i was on a permamnent position, a dream job a student can do which looked perfect on any CV.. and had to leave university.. i didnt want to live anymore. after 3 - 4 months i somehow dusted my self off and decided to give it another go. believe me it took alot of courage...my mum agreed to lend me some money. i invested in MXC and made good money.. and decided to average down in SIP.. all becuase of the bullshi* the CEO was coming out with. which was straight after the trading update.. i borrowed more off my friends and invested in MXC again, got the timing of the trades wrong make a big loss so now i even owed my freinds, mum and dad, banks for the overdraft and the student loan company, not doing too bad for a 20 year old... and great timing that natwest taken away the 10k trading limit.

SIP was my only hope to live again and now its all over. what really gets to me is if the company wasnt giving the positive vibes and was being honest i simply would have sold at a loss and invested elsewhere... and i cant do anything about it.. i only kept 2k on the side which i have to invest but what use is that..

the investment figures were approximation. believe me i could have wrote books on the above.. its not just a case of losing money for me.. it has done so much damage in every area of my life, from health to education to friends to parents to..... my parents dont get on anymore... now you decide, worth living or not.. only 14 months ago i was a student at a top university, having the best job a student could possibly do instead i am nowhere.. and a very big debt which would take me atleast 5 years too clear.... i really dont see the point in carrying on.. there is no light at the end of the tunnel..