RE:Like watching history unroll before your eyesI share some of your pain zalmonella. I first owned this back when it was a dividend stock. I luckily sold with a small loss back then. Got back in when during the volitile times of 2015 before the did that big debt conversion to shares and we had a billion + shares. I traded it up and down but got stuck with some shares when they annouced that and the price got crushed.
It feels like I've been averaging down ever since. I only have a $.87 acb now because I fully exercised the rights offering on all my shares but also had roll the dice and fork out $22,000 on a company I wasn't fully trusting at that point.
I trimmed a little bit between $.45 and $.60 as I didn't think it would keep rising and wanted some of that cash back from the rights offering.
I feel like there are many investors like you and I that will probably sell off at least some of their holdings as this goes up from here, if that's where the share price is going. I will likely trim more if this gets to a $1.00 and then ride the rest as long as the fundamentals and story continues on the curreent trajectory. I think assuming this is shooting to $2, $3 or $5 in 2021 is very overly optimistic. It can get there eventually, but needs to pay down a lot of debt to get there. I would say $1.50 is possible next year if they keep executing this plan like they have this year and not like the past 4 years.
GLTA especially the long suffering investors.
p.s. I think the othe investors that used to contribute were longroad and knicksman, but haven't seen them since 2019