Seeking Alpha / Nano One From the article:
"Nano One is a penny stock. With penny stock comes extraordinary amounts of risk and uncertainty...Have a plan of what you will do if a penny stock declines 10%, 50%, or 75%"
From today's trading price of $1.77, this is what a 10%, 50%, and 75% decline would look like:
10% decline = ~$1.59 per Nano One share
50% decline = ~$0.89 per Nano One share
75% decline = ~$0.44 per Nano One share
I accept that all these Nano One share price values are a real possibility in the near and mid term. Nano One is an extremely risky investment by any standard.
good luck to all the longs