Yup welcome to bitcointalk. Happens to every coin. We'll see this one bounce back simply because too many people have California Pride & are willing to stick with it, I know I'm in this for the long term. Forget about small profits it's all about huge gains for me baby!
Yes it does. Store the wallet away and hope!! I have been surprised by a few, but then again I have many more wallets that are just taking up disk space!