Dead money waiting has to redeployed at some point and I did more of that to take my lumps (AGAIN!!!!) . At this point it will take about a $3.70 share price just to break even on ALL prior NXO losses.
It's only after that I start making money for all my prior foolishness
Did I pull the trigger too soon?
Maybe. Some would argue too late. In any event it was a disciplined pull. Over the last two weeks I'm down about 24,000 shares in dead money that was overdue for attempted ressurection elsewhere...I actually held on longer than I should have thinking downturns temporary but the continued sinking .....
It's the lack of market uptake on what the company is offering. Yes Qualcom, Arm, NVIDIA etc are all good as it the story of ALiiS are great partners who are essentially betting on NXO as well....but with no market uptake, the best IP is still not doing anything that generates revenues
If it goes down more, I may buy in again and ride it down to zero LOL
Do wish you all and my remaining shares here the best of luck