"Not a train stop, a stop-loss.
Very close to a year-long round trip.
I went long here last November 7th at $1.22.
It's since been to $3.05 and back, but not quite.
I hate round trips.
A lot of traveling to get where you started.
Maybe I'll get stopped out, maybe I won't.
If I do, I'll probably be doing you all a favor.
Personally, I'm still a 100% believer, but I'm not going to lose money on this."
It's been over two weeks now since I was stopped out at $1.22 on December 19th.
I haven't incurred any opportunity cost,... yet.
I don't invest is things I don't understand, hence I've never touched bitcoin.
I don't stay invested if I don't understand what a stock is doing either, hence I'm no longer on board here.
Personally, I can only point to the cloud overhead of an imminent financing as being the apparent cause of this floundering.
I think the stock will respond well once it's announced and the market knows the terms.
A bought deal is obviously highly preferable.
Either financing news or a development that ensures sustained and significant recurring revenues is probably what it will take to break out of this malaise.
If either of these scenarios come to pass, and if we see a real move on a few million shares, I'll be one o the first to jump right back in.
Even if the stock is much higher when I do.