RE:RE:RE:RE:This should help!I think you've highlighted the issue that retail investors have with emotion over logic. If anyone genuinely feels they can get a better return with Stock A than Stock B. then why would anyone choose Stock B? The answer is they already hold Stock B and can't bear to admit they made a mistake. One of the things I have learned is that you simply have to have conviction in the stocks you hold, not simply a hope that one day they will get back to the price you bought in at.
The reason we are not at $3 already is that most people really have little interest in buying a stock where the growth upside is limited, even if its a decent dividend. A lot of people, like me, only bought this because it was going to bounce from the $1.80s up to somewhere like $3, and then we'll be gone when it does. I can get a 7% and growing yield from a multi-billion dollar company like Enbridge (or Pembina) or 6% with Bell - why would I fool around with a small cap?
anthony3 wrote: I respect your advice but this stock is in my tfsa and yess if I I can make back the money but at the same time I’m not in any hurry to sell, things are looking slit better now but I still feel I can get better return else where, no disrespect to anyone holding this stock