RE:RE:200 DMA Asking objectively. I see two major support lines. The 2.50-2.55 and 200DMA. It bounced at the first one yesterday. It will bounce again or take out the 2.50 stop position trading.
I am holding the stock. Over 100k shares. But I risk manage positions. So yes, I am thinking about reentry points.
These guys are b*stards and maybe I would do the same if I were in their shoes.
The only risk they run is shareholder meeting approving the compensation they tried to navigate here. So I think they will be quiet from here until AGM meeting.
They will want this business to perform long term, just their greed is beyond me and they are punishing shareholders in the short term because of it.