It's a mistake to apply binary thinking to held/not-held. You...

It's a mistake to apply binary thinking to held/not-held. You don't get just one chance to own a stock. If you sell your entire holding, you are allowed to buy it again. It doesn't mean that you haveno further interest in the company.

Held can mean the poster holds shares for any of the following beliefs or situations:

• The business represents a secure investment with good long term growth and revenue prospects
• The business represents a good opportunity to capitalise on short term growth and/or revenue expectations
• The business is a reasonable bet and the holder accepts the risk of loss
• The poster has sold down to a core, possibly free-carry holding

Not held can also many things:

• Not ready to buy yet
• Taken an opportunity for profit and watching for another one
• Can see adverse conditions or stock price action ahead
• Not interested in the company's current management
• Not interested in the business or industry

Droneshield is an extraordinarily profitable trading stock, not least because its management is kind of flaky about setting market expectations.