RE:New to SH but a regular readerGreenGecko wrote: I am a newly=minted Stockhouse member, but I am a longtime reader of numerous posts throughout the investor SH universe. Read the numerous and various perspectives on this page since the latest news release and felt compelled to express my view. When I invested in NXO, my perspective was in agreement with numerous of todays posters, that being that the company has impressive potential in various verticals including smartphone applications, the DT and a lower-priced version (which I haven't heard much of of late) as well as the low-light ALLIS application. Even though I have found the share price to be rather disappointing, I believe that we much take a realistic perspective and, with reference to the standard life cycle of a start-up, know that there will be a period of time when the company is executiving on their plan in a way that is not clear to see by the average investor who holds shares or not. So, we must all look beyond the red in the profit-loss column and, in effect, hunker down and hold on for when the company begins to execute on their plan and numerous verticals. I've heard other posters mention how they have bought and sold, even one who admittedly took a short position with a low price target of 29.5 cents Canadian. So, we all must have an entrance, and an exit, and take a realistic perspective about what they should do if they are becoming uneasy about where their investment sits. Some will buy more at a weak price trigger, others will sell or capitulate when their bottom price has been triggered. Another has explained that we all need a strategy for managing their own investment, and I agree with that poster. Myself, I have a number of different investments in various sectors including weed and mining and some consumer discretionary and investments outside of the stock market. In the instance of NXO, I consider it high-risk but only if the expectations of success dwindle, and I am willing to accept that risk because I see the share price moving affirmatively as the broader market and everyday investors become aware of the Nexoptic story. Only one influential newsletter writer would awaken their subscribers to take a position, and the move in price on just a few tens of thousands of shares would see an upward move with conviction, which would attract even more investors as they investigate why the stock moved so quickly. Buying will begat buying and we will all gain the benefit of increased awareness. I hope that the company involved with Nexoptic is formulating a marketing strategy - hopefully with a reputable Wall Street and Tokyo or Shanghai (some or all?) that can be sure to communicate the Double Take product to their target markets. I continue to research the status of patents and expect to communicate with the company over the next few days to verify status on that end. But when it comes down to it, and I know that I am droning on a little bit, we all have to accept the risk, to look at the down side and to look at the up side and to weigh the balance based on their own risk profile. I will continue to read these posts and, when the circumstances admit, I will chime in with a persepctive. I expect we will all expeience an interesting fall months into the winter when we SHOULD see a doubletake release in its early iterations. I hope to have my hands on one and will freedly share my opinons on its uniqueness and areas for improvement. Thanks all.
Reminder for the longs and a heads up for the newbies. Clearly says he's invested. GLTA