RE:How low can this go???My change in position was entirely based on management's inability to navigate the financing of their growth in a reasonable way. My cheerleading was based on them being able to do that. In the end, even the best company in the best industry will struggle if a management team is not up to the challenge of growing and/or running the business properly. Based on the tailwinds the fertilizer sector is currently enjoying, not to mention the ESG nature of this investment, there's no way ERTH should have had to resort to these bad terms to find growth capital. When it comes to microcaps, one must always be willing to change their mind based on new information.
I sold my entire position and may consider getting back in if it hits $0.15 again. I think there's a good chance that will happen in the coming months.
GLTA
frostback wrote: With retail investors voicing their displeasure with the recent offering I am curious how low can this go? A quick look back at postings here and on other boards there was no shortage of cheer leaders predicting an accelerated SP and robust financial performance by management. Its certainly not lost on me how quickly sentiment turns in the penny flipping world and this may be an opportunity to get back in. Is 0.15 a realistic low or am I out to lunch?