Long time reader / day trader here, IOU caught my eye and I put aside by quick entry/exit strategy for a longer hold at potentially something big.
Been holding since pre-Feb, was to sell out when 60c-70c came about (as per usual strategy) but made a choice to hold and see where the CR funds took this business - especially given the $1options value for 6mths more (currently appears to be very good negotiating if nothing else).
Did not think SP would’ve dropped back this low, else would’ve sold out and re-entered.
Understanding many uncontrollables are influencing the low SP, does anyone have on the ground insight to the institutional interest in IOU?
Thanks
IOU Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
