End of the RoadSCY has great potential to be a game changer in a few major ways that long time holders are all too familiar with. Having said that, I have been scaling out for some time and finished the job today. In no particular order these are the reasons I left:
1) Share price has been going in the wrong direction for some time. It was a slow death by a thousand cuts.
2)Lack of communication. If plans weren't working out, shareholders deserve to be told why and what their plans for a turnaround were/are.
3) Opportunity costs were high with this one. While waiting, I sat on some other stocks I should have moved on. (SCY is not the only one I have moved on from.)
However. if the future looks bright, I may return. AsI said, SCY has tremendous potential but it is far from being realized as of today. If I'm wrong and they are sitting on valuable news Iwill live with the results. But if they sitting on valuable information, they owe it to long time holders to offer a glimmer of hope and reason to stay.
Good luck to all longs and I hope for your sake the company does something to justify your faith in them.
LoneStar1