Until we get an update no one here will be able to answer your questions. When things stagnate like this I like to ask myself a few questions that usually help me decide weather to stay put or move on.
1.- Do I believe in the company and the product?
2.- If a positive announcement was released tomorrow could I live with myself for selling out?
3.- If a negative announcement comes out can I afford to lose what I have in?
4.- Can I make more in something else, if so how long will that take?
1.-To me WGL has a product that could be disruptive. The announcement of the chip has given me confidence that they do have a real tangible product this is not a shell company. There has been app data that has been accidentally leaked via youtube.
2. If this kicked off tomorrow and I had jumped out I would be absolutely livered with the amount of time and effort I have put into finding what I believe to be a disruptive product.
3. If a negative announcement comes out I have spread my risk wide enough that this could be chalked up as a learning. That being said there is enough information to speculate that a negative announcement should only be a delay in delivery not a complete loss.
4. Potentially yes but there is very little difference between WGL and the other companies I have chalked up as multi baggers. Micro and small cap plays in particular seem to be behind the ball in the investor relations department.
Personal Conclusion - Sit tight,buckle up, take every opportunity to acquire more shares at a great price as cheap shares become available as uncertainty creeps in.
WGL Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
