Of course, the stress factors are on the table. Dark clouds have gathered, and there is indeed a fear that the markets will continue to fall in the coming weeks.
Sernova shareholders will not sell,
to exercise an option.
I think the coming months may be the worst time in the stock market to sell stocks in general.
Shareholders are smarter than some think and have built up cash positions early. After all, the exercise date has been set long enough!!!
We'll see. Anyway, I'm sticking with my strategy:
1.2 C$ is a long-term buy price.
So yesterday was a wonderful day. Percentage wise, Sernova is well weighted in my portfolio. At prices above 1.50, I will return to a temporary overweight.
Everybody has their own strategy.
MS, of course, I can't guarantee that the 1.20 C$ level will hold.
I have faith in it.