Banxa Holdings Inc V.BNXA

So what's the game plan here?

[amp007C]

I don't think there are any bashers or pumpers here at the moment, so the conversation seems to be among real investors. We suspect the company is undervalued, but we also suspected this when the price was in the $3.50 range. What will it take to move this thing upwards, and when do you think we'll see the news about their upated numbers?

[Finders]

I think we need some news before earnings, Jan number will be way higher than last yrs so I can only guess we are looking good on transactions fees anyone else opinions is much appreciated

[Erazzarmus]

You have to ask yourself, why did you buy shares in the first place and what were your expectations ...it was impressed upon me long ago that you should have a reason to buy and a reason to sell...I consider Banxa a strong speculative play that could actually develop into an investment in time, digital currencies are here to stay and their company model is well positioned to take advantage of both

[amp007C]

Well, investment or not, I didn't buy to get wiped out over the course of three weeks.

[amp007C]

Sorry, I can't edit that. Meant to say "Whatever the reason for investing" it wasn't to get wiped out.  These new lows only screw our ability to move up moving forward, regardless of whatever the news is. 

[BCdude]

Taking yours losses and moving on are never a shameful thing, if the reason for investing no longer makes sense to you. I've done it many times over my investing career.

[Finders]

my bags to Heavy to cut now

[amp007C]

BCDude, what are you predicting the stock price to be over the next six months. I haven't sold yet, but you can't pretend that this drop isn't distressing, regardless of whatever your predictions might be.  We know of no impending news in the short-term, and the market seems poised to push this lower. When was the last meaningful green day?

[BCdude]

amp007C, I'm sorry this is distressing you. I've been in this rodeo for a long time, I guess, so price movements like this don't phase me. A lot of that has to do with the fact that 85% of my portfolio are in index ETFs, blue chip dividend stocks, bonds/preferred shares, and precious metal funds. The remaining 15% of my portfoilio are in smallcaps -- but diversified across about 15

[Finders]

agree now more resistance then before and no support to hold us up never had a bag handed to me this fast I'm shocked down 50% hurts. Don't know what to think or say anymore no choice to ride it what scares me is last NR came out the market did nothing so not sure what will make this move, anyone input is welcome

[YoEdwest]

I'm going to find my spot, avg down, wait for new IR team to produce, financials and potential Nasdaq listing ?