The problem I think is how have you decided that 42c is a good price. Often people who have followed a stock for a long period of time 'anchor' the price to previous prices to help determine an appropriate price- this is a common heuristic used and is often a major cognitive error.
I would suggest instead what price would a new investor use to gauge to determine as an opportunity worth the risk. Rightfully if you compare with other growth companies this is still overvalued. BUT ICQ moreso than most others is a strong takeover play given CARs stake, in which case this is more of a takeover play. I would then argue that unless you have some asymmetric information giving you an edge to determine a likely offer that even at this price this remains quite risky. Note that much less risky at this price than at 80c and reward could still be substantial!
My thoughts only.
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