RE:Couldn't hold gain today- another nail in coffin.WOW - i would have anticipated a much higher jump with sustained volume on that news. The news was somewhat impressive IMHO. I believe news of a similar nature got the stock moving initially months ago on the way up to the 70 cent range then higher,
As you are now aware this is a downfall of my investment style as I may now need to think when to buy on the way up rather than the way down.
As i currently do not have a position anymore I am prone to missing big rallies and may never be able to get back into a rapidly increasing stock. Where as the "buy and hold" catch all scenarios everything good and bad.
I would have expected 20 -30 rise on such news as is typical with most Venture stocks when significant news reported.
Anyhow I have always found patience to be a virtue on the Venture. So if momentum gets above 35 cents I will try again. But may nibble at higer levels of 24 if it gets there again.
e=SunsetGrill]Another tough day for ARHT as market rallied very hard; leaving ART out of thr mix - as gold and "covid" stocks.sold off.
Could't hold a gain to 28 as more people just wanted out no matter the cost - to re-invest elsewhere (you know something going up - ie everything else)
IMHO I think more downward pressure to come and the stock will see 20 before 30.
Trying to figure out when to re-load strongly on this baby. Im thinking to start nibbling at 22 down to 18 and then re-evaluate if 18 breeched.
In doing so I would be looking for a major recurring contract award
Still very nervouse of Q4 loss and cash raise diluting the stock further (at such a low share price)[/quote]