GREY:ATBPF - Post by User
Comment by
MidasLetterGuyon Apr 17, 2020 1:44pm
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Post# 30922852
RE:Should I put $45,000 in ATE?
RE:Should I put $45,000 in ATE?IMO, no. I just lightened up 10000 shares @ $0.75c from 18000 share position @ $0.43c purely from capital management purposes. That way, even if endpoint is missed at SP goes to $0.15c, position was still a money maker. Of course, I've capped my upside but capital preservation is a big part of investing. The big supply between $0.75-0.80 is likely other early investors (earlier than myself) derisking as well.
You could go red/black on what appears to be good odds of a good/great readout, but anything can happen. The best time to get in was a few months ago with the R/R was in a better place. Only because of the corornavirus crisis was I able to get in @0.43c again.
That said, buying here could still yield great results. But it's very risky. JMO.