Post by
88guy88 on Sep 29, 2022 11:09am
95 cents 1/3 position over the next 3 months into tax loss
selling time into December.....and another 1/3 at 85 and then the final 1/3 at 75 cents if you want to take the "dip your toe" approach to investing in this company
otherwise just wait until late December to do the poker...."all in"
Comment by
1condor on Sep 29, 2022 4:36pm
88guy88...why would you even consider putting more money in this stock. They are selling assets which is the beginning stages of a company coming apart at the seams. I was a recent seller at 1.50 and wouldnt even consider for second entering this stock again. On another note...do not get suckered in by these analysts with their targets of 4, 5, 6 or even 7 bucks. These targets will never get hit.
Comment by
1condor on Sep 29, 2022 7:25pm
I suspect once the stock breaks below 1 dollar the selling will accelerate on high volume. I have seen many small cap companies, much like this one, get driven into the ground and unfortunately this one is showing the intial signs that it may be happening (selling assets is the start..more to come). Going to be interesting watching this unfold.