It’s the worst feeling. You might learn from this though. Either you recognise a stock is in free fall and get out, but get out and don’t regret that decision, or you just let the SP do its thing, whether is goes down to $0.40/$0.35 or even $0.30.
from here, there are 4 scenarios. Either it continues to fall or at a later stage go bust like majority do in the field, it stays the same zig zagging. Or it starts to go up, finally it gets taken over. 25% chance of a bad outcome, 25% chance of an ok outcome and 50% chance of a good outcome. The way I see it, odds are in your favour for a positive outcome, but it might take time, A LONG TIME.
i think that’s one of the reasons the SP is going South, Investors not eager to have their $$$ sitting Idle doing nothing.
Companies like this, normally, the average investor doesn’t put so much $$ into it and they aren’t bothered with the wild swings
because ultimately they are in it for the long haul, where hopefully they can make a huge return on their money. That been said, they are also aware that the majority of these companies go bust. I hope for your sake and others on here that the SP turns around, but the other thing to take into consideration is the whole vibe about the markets at the moment is not solid, so there are many stories like this.
All IMHO
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