RE:When is the big bump up coming?Most of this is just thinking out loud... so grain of salt and all that...
Yeah, that's a tough one. On the one hand you free up cash to re-invest (which, remember, may or may not work out as you hope). On the other hand, you're stuck in a range-bound stock to continue an excrutiating wait. Look at the 3 or 5 year chart; nearly all of 2020 was a down-trend. But we got a nice bump up in November on the FDA Fast Track announcement and it started trending up, peaking at what, 32 cents around 10 days ago. Does it continue trending up despite a few recent down sessions or are we now in a continuation of the broader 2020 downtrend?
We know the SP moves on news, but when can we expect the next NR and will it be the kind of news we are hoping for? I'll need to dig into the releases a bit to see when we could maybe expect something. I've been sitting on half a million shares and adding here and there, but mostly just waiting it out and not even paying too much to the board. My investment is definitely money that could have been better deployed since the first of the year (Ode to Hindsight) but I would hate to be out of my position when news breaks after being patient and waiting so long.
Whatever decision you make, do it with conviction and have no regrets... unless it turns out to have been a terrible mistake.
apatch808 wrote: I am strongly considering selling my position in TLTFF for now and coming back later. The loss I would incur is only half the gain I just got from selling my Tesla stock. How long will the SP be in the $0.20-0.30 range? I feel like it has been this way for years and I'd rather reinvest my position elsewhere in the short term then come back to TLTFF later. Bear in mind my shares were purchased at an average of $0.28...