Rebels:
"The melt down has presented investors with the opportunity *** to invest at bargain prices"
Your above statement is a "perhaps/maybe". The risk of "doubling down" also includes the risk of twice the loss. At this point, all is far too unclear to definitively state the inevitability of such a conclusion. Based on historical performance of Connacher, some might conclude the percentages favor the latter scenario than your optimistic scenario. Therefore, I am willing to risk the lost opportunity of potential gain down the road. Unless of course Dick Gusella wishes to "gift" me some of his truly cheap shares. As in zero cost on those shares he gains through his own dilution!
Brian