It’s Quite Simple Pre-revenue companies fluctuate up and down. The fluctuations make more sense when there are revenues so that the stock can be compared to its peers in their industry sector. Until then, the stock trades in two metrics. Event driven news and emotion. That is why stiock bashers exist. They prey on your emotions.They play with your mind on emotions and there are often exaggerated for effect. If you want to be a long, then averaging down might be a choice or be strategic and buy low if you feel confident to do so. Remember no one on a stock forum should be your reason to buy or sell. Emotional fear mongering is their game. Stock bashers are not out to save you. Their fears and doubts would suggest that they don't really belong here. It's an act. Why? No one in their right mind bashes a stock they claim to own and aims for bankruptcy and cheers about it. Nobody normal and honest does that.
Buy or sell on your own terms and don't let the emotional drama that seems artificially induced affect you. Also, they repeat a lot and surround themselves with other aliases to create a crowd effect of opinion that favors them. Stock bashers always repeat the past as well. When your a pre-revenue company the past is usuallly bad (hard wiorj, the vulnerable developing phase). So it is always easy to bash. Being patient for the future is harder to do and badgers know that. That's why they bash and seemingly di it in teams.
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