Thanks for the reply Whiskey.
However I made it very clear, that this concerns penny stocks such as CTR, RRS, CCC, Rmp etc.
Your argument I apply indeed for the top 200 stocks, but not this one.
Each to their own, but my experience tells me, if you would like to invest long term (put them in a drawer), CTR is not in the category to do that with.
I remember Landau telling investors in a meeting, now a few years ago, that investors had to blame only themselves, as they should have sold when the price was higher (40c) in RRS.
You cannot know when the price is at its low or at its peak, but you do not have to know that.
Take CTR in Case, The 1 to 1.3 cents is certainly far from its high a year ago and with the things going on now, that is good enough for me to treat that as my low for CTR.
When the announcement(s) are coming, I will see where this leads us and as soon as I see that buying is exhausted, that is for me my High and will sell.=, no mattere whether the price will continue to rise in later days.
There will be for sure a dip coming and when this becomes a higher low, I will consider to buy again.
I am a long time holder in general, but not with stocks managed by the people with a track record which is not in tune with their shareholders.
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