To me, here are the reasons why not to hold for now:
1. The company hasn't proven it's business model
2. No news of any sort of promising returns in revenue (But I think some sort of positive news will come out by next week, we will need to wait and see how promising it is)
And because of the these two points:
1. 20c IPO and still 75% up at 35c is still overly stretched IMO, especially without a proven business model
2. Buyers who are trying to make quick money will likely to stay away because of the downtrend, so no momentum to go upward for now
3. Sellers will continue to sell and slowly moving towards IPO level, but I think it will bottom out at 25-30c mark
Again, once the company has proven itself or news of promising returns in revenue is out, the trend will reverse, but for now, be patient and wait, any upward tick is likely just temporary and not a reverse in trend, and also, to those who believe in the company, I seriously suggest to re-enter at a better price and then hold for the long term.
DYOR
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