Well....I sold today.
I love this stock, but I've been holding since July. I never played with the dips. I bought at .16 and just sold at a 2 cent loss today. I watched this stock go over my break even point four times since I bought and I didn't sell. I got blinded by optimism.
I just don't see any legs on this stock. I have no doubt that .30-.40 and even a dollar will be reached... eventually, but in my humble opinion that day is not today and it wont be for the next 3-4 months atleast. I don't care for the OSK deal and I don't trust management or any decisions they are about to make with the financing they just recieved.
The other factor I took into consideration is december is just around the corner and I'm one of those idiots who never sells around that this of year only to watch tax loss season destroy my portfolio. Not this year.
I will still follow OX religiously. If it drops down to .11 cents or there abouts I will probably buy back in.
I'm tired of dead money in my account and I'm trimming the fat.
Goodluck to all.