RE:Are you thinking of selling???I never really understood why it is so temping to take short term profits and leave on the table long term profits. But that's just the way it is. You have sellers that saw the price level in the 0.20s and just cannot wait to push the sale button. Just take advantage of them.
I remember when I wrote about Oroco way before the Santo Tomas was even in the picture. It was about Xochipala property. I think the stock was $0.02. It briefly went up to $0.10 on speculation of a buyout which never came. Then the stock collapsed from $0.10 to $0.015. This was very painful. So when the price went to $0.04, some didn't want to make the same mistake and sold fearing that it go back down again.
I remember I started heavy buying at $0.04 and thought to myself who is this stupid to sell me the shares. I called the person who I suspected of selling and sure enough it was him selling me the shares. Then, I told him, you better stop because the CEO is buying like crazy. Something is up. He didn't care, he still sold pretty much everything he had. I said to him, you will be sorry and you will be buying at a price 10 times higher (which he is buying today).
This just shows you how the psychology can make people do such stupid things. It is no different today. They take profits after seeing the stock run up so much leaving on the table another 10-bagger or more.
And I would say that the next 10-bagger will be a lot easier and less stressful than the past 10-bagger.
Read my newest article. Oroco is a very conservative 10-bagger from here. The hugely successful scenario is very rosy and I don't really expect it to happen but it doesn't matter because Oroco's stock is not even trading at $1 yet.
https://classicvalueinvestors.com/2019/05/08/what-is-oroco-stock-worth-right-now/