Tiny micocaps like this are dead money and then they're not.In addition to movement based on postive developments eg. PR with a large order, or of course a stellar earnings quarter--they also jump based on the disovery by a new letter or botigue investment firm.
As someone who doesn't like tying their money up for months without an specifc catalyst I am too stupid not to buy even more. I think, hey, they mentioned Q1 should be weak, so I don't load up. I thiink, I will wiat and pay up more on positive development, as even with a 30% price bump, I'll gladly pay up more as it would still be dirt cheap.
But the thing of it is, while there is never a sure thing, the downside at these levels appears to be limited. And we all know the upside. Thus I should take a hudge position rather than jumping in and out of 50 plus companies I do each year. But I won't. I never learn.
Be greatful for any weakness this year. I will