$1 Club, page-13002

I consider myself a beginner in the share market so I'm reluctant to comment in these threads too much... But I bought into this stock at 70c through sheer FOMO, knowing quite well that the SP would likely dilute to 50c based on the CR announcement. I still bought in though, as I was worried it would be so tightly held that the SP would bounce back super quick and I'd miss an opportunity to be a part of a $1+ and climbing investment.

I may be a complete idiot, but I'm planning to double my holding today, with the confidence that this should likely soar past my original 70c buy in, meaning I'm no longer at a loss, but in fact in a much better position for a long term hold.

I'd be curious to hear anyone's opinion regarding my somewhat of a rookie plan, preferably someone with actual experience in these situations.

Good luck all!