RE:Stocks go up stocks go down daily,weekly,monthly...100% agree. Of course i'd like to be up 20%, not down, but I've been long on Valens for 2.5 years now, I was holding 200,000 shares the one and only time the stock went above $4, and I'm holding way more than that now becauase I bought on the dips. The road to riches isnt a straight line, and this is just a bump on the road. My short-term outlook is around Q2 results, mid-July, and then again for Q3 results in mid-October. I'm not the least bit worried, just wish I had a lot more cash to hit the asks today. Days like today are why it's always a good idea to keep some cash handy.
rghalifax wrote: That's trader territory...investors generally have a longer window and concentrate on company direction and performance/future outlook...not stock price because they aren't planning on selling anytime soon.You can be one or the other or both.The price drop isn't a concern...the company is on an upward trend,growing...not just surviving(probably helping others survive).If there happens to be a consolidation of shares on acceptance to the nasdeq it'll be for price requirement to list on the nasdeq and to appeal to more investors.In any regard it won't hurt the value of your piece of the pie and in the long run will be good for Valens...smaller float,higher price and the ability to buy more companies the way they just bought Green Roads.Remember they issue shares to add value,not to keep the lights on...huge difference...I'm buyin and I'm not lyin'...GLTA