RE:RE:RE:RE:RE:RE:RE:T.BRAG = Rating update copied from TDWBDI ;>O1condor, I currently own 14k shares at an average price of $7.57 so I'm a tad underwater as well.
I have them all up for sale at $8.75 only to hopefully stop shorters from borrowing my shares, if that is how it even works. Enough said about that. I haven't sold a single share yet.
I'm holding for well over $10 in order to sell out completely, but long term I believe Bragg will be a buyout candidate in the higher double digits.
If I thought the price would go down to the $5 range I think I would sell at least part of my holdings and average down, but I don't believe Bragg will go back down to under $6 in the short term, or long term for that matter.
I believe the price has found a bottom and it will continue to trend higher or trade in a narrow range between the high 6's and low to high 7's until more sales are announced.
Big catalysts to come will be US customer wins and further success in Ontario. GL