GREY:ABGPF - Post by User
Comment by
1stRuleon Jul 14, 2015 3:45pm
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Post# 23923246
RE:RE:RE:very disappointing price action
RE:RE:RE:very disappointing price actionAgree your position to a certain extent Stack, I didn't buy in order to lose money long term! Short term i'm in the red on this and wish i'd seen the writing on the wall about the PP, if I had I would have sold and bought back in, but so be it. Where I disagree is ALPs potential vs other junior players. While this is a venture startup and therefore has a VERY high risk, the potential gains in the future (likely 12-24months minimum) were enough to get me to buy in. In fairness, i'm a retail buyer so don't have a lot invested, but i'm also willing to let it ride for a while. Based on frequent 500-1000 share transactions that's not the case with many as they sell to try and jump on the next 'hot pick'.