RE:The slow and steady decline back to $1.8...What can I say...got to be good to be lucky.
Congradulations to all those who followed the time-tested Nano One playbook to sell on news and buy back on corrections. We will now likely have a few/many weeks around $1.8 (and lower) so lots of time to buy back your shares in time for the next press release/pump and dump.
VWAP was $1.86 today and will likely be lower tomorrow and even lower in the coming days/weeks. So don't rebuild your positionall at once (and risk pumping the stock higher).
Don't buy too much too fast or the stock will pump. Check the order book and place bids a few cents above the lowest ask to secure decent sized blocks of shares.
Longs are essentially just a small retail group buying tiny volumes so no real risk of an institutional player taking a new interest in Nano and popping the stock in a hurry (leaving you without a full position). Just remain patient and buy what the shorts are selling into the market.
For sure it takes time/patience to build back a full position at these levels. But the one thing we know for sure about Nano One is that significant press releases are very few and far between. So there is no rush.
The stock price will only likely go down over the coming weeks before the next short-lived press release pump and dump. So lots of time to re-load for the next pump and dump.
good luck to all the longs.