Many here been holding longer than two years Winmore.
Nothing much any of us can do here except wait. RNLX also suffering significantly - imagine holding that at its peak $33 now a mere $2.40.
Anything non cash generating & future looking is being dumped, the higher the interest rates go up, the less these stocks are technically worth thanks to DCF...then further compounded by the fact these companies will need to raise capital but have lost so much equity value already so the dilution effect is 90x worse! It's an ugly situation for any CEO or shareholder.
With oppies due in Nov, can they keep it above 75c?... that's the question.
PIQ Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held
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