I sold at .7, and bought earlier in the year as it was falling.
I lost confidence, for both micro and macro reasons.
I have been following a few other stocks that I believe have more potential. (and sooner)
I have a few other high risk spec stocks, and this was just risk management for me. Everyone has their own risk management strategy, some can tolerate more risk than others, and some peoples acceptable risk exposure changes with macro developments.
I have not been a very long term holder, this was a bit of a play thing for me, I had hoped for a little rally after merger, but delay after delay, told my gut something was not cosher.
I do honestly hope those who have been long term holders are rewarded.
PDY Price at posting:
0.4¢ Sentiment: Sell Disclosure: Not Held