Short of cash...., page-19

I never saw this thread at the time. Well, we have the answer now 6.2c. Surprising, but maybe sophs were in the know about a possible CR?

As far as leveraging goes, you only do it if you are sure you can get in at a bargain price. Chart support is around 5.7c, so if I leveraged, I would buy at 5.8c. Not saying it will get there, only that the risk might become worth it at that price. If there's a CR, it could be at around 5.5c.

Generally, you don't buy companies that are serial disappointments. You buy companies that are clearly rerating with consistent positive newsflow and a great proactive communicative CEO, e.g. 1PG over the last year. 1PG is my standard to compare new investments against. OBJ is pretty much the opposite of 1PG.

And, as always, never fall in love with a company, and be ready to dump if the story changes.