In this volatile market, long term is like 2-3 months for these penny stocks. How long can you afford to hold for? You bought @4.9, so it’s equivalent to 24.6% paper loss which I don’t think it’s that bad.
My Opy used to be 40% loss and I bought $60k.
So just hang in there mate. Give it 2-3 months, you will be surprised.
Alternatively, you can buy the dip. Set yourself a target. Once it reaches 30% loss, top up more and so on if you have extra liquidity to play around.
Good luck
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