RE:RE:RE:RE:RE:Worst choice of my life, lost more than my shirt you're spot on, the company is indeed in death spiral of negative sentiment supported by weak fundamentals. they can turn it around but you're right, it will take a long time. again, don't be hard on yourself, it's all part of the education process and you have very good perspective from what i can tell. there are people here who lost a lot more than you think.
RichOffStocks wrote: Q4 is a long ways away, the stock will continue to bleed as the market bleeds, I listened to all the longs this whole time like an idiot. The so called "shorts" and "bashers" were the only ones with some common sense. I should've listened to them, would've saved me A LOT of money. I shouldn't have reentered at the price I did after selling for a loss, and I will not enter again until I see some real waves.
You say $1 by Q4, that's assuming they close the LOIs, which they are taking a LONG time to do. Also, by the time Q4 hits, this stock will slowly decline daily, like it already has been. This coming quarter results I don't think will have an impact, everything they do is negative so far, so I feel the market will disect it. Then when the Sep 5th free trading comes out, maybe some will sell, but I feel they are smarter than that. Then there's tax loss selling.
I lost A LOT, probably the most on this board to be honest. I am waiting to see if the company can prove themselves before getting in, the stock is broken right now.