Post by
Calls4U2C on Jun 30, 2024 1:52pm
First half of the year is in the bank. Terry's bank...
...and his buddies bank and the people who allowed him to have the CEO job, of course! Their bank is the biggest...
Now the question is where do we go from here? People who operate similar to Terry usually have a "black swan event" in their back pocket. This event is useful to push the stock down so others can hoover up the stock before it goes up again.
I would suggest holding on to capital to deploy in the case of a flash drop. Not saying it will happen this way, but I have seen it happen before.
Buying at this level (~50 cents) is risky in that the stock might go lower from here... However, the Company generally is a reasonable buy and not as risky as other similar names.
Personally, I am in and I have enough cash to buy another 40K of shares at a lower price, ~40 cents. Not buying anymore at these levels... just letting it ride from here.