I was contemplating averaging down on Monday, right before yesterday’s news dropped and the price bounced and I thought I’d missed out yet again. I’m in from 2017-2018ish (I forget specifically) so am stuck all the way up at about 28c. I figured the moneys gone by this point and would let it sit in the bottom drawer and come what may, but I’m starting to actually believe in the fundamentals again. Maybe it is time to pull up my socks, average down, and see where this takes us over the next 3-5 years.
problem is, I’m anxious about FDA approval. If we get it, it’ll be too late to shore up my position. If we don’t, or there are other failures in the product/testing pipeline, then letting it sit and rot is the right choice.
anyway just thinking out loud. This is the game we all signed up for with the penny dreadfuls.
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