I think it is very hard as a investor that has watched this company wipe potentially 70% off the value of their investment. I'm one of them, having watched it drop 60% of mine.
However I feel fully responsible for buying into a bag of hot wind. Kept buoyant from the companies unrelenting over optimism and methane from HC hype, for which I was complicent.
The fact is that if we bought into this company over the past 4years we were buying at a price that was based on pure optimism that this company would do the near impossible and go from being IP to a booming business. The fact is that the company is taking that path that 999/1000 take buy battling away to establish itself.
You always here the stories of successful investors learning from a costly mistake. I expect this will be many of our expensive lesson, definitely so if you jump ship now.
I also think that if I was not jaded I would be looking at this stock thinking it has spent 4years doing R&D and customer development. And now 4years later it is rock bottom at a point in time where it might actually grow into something.
I am seriously thinking about doubling down at these prices......
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Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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9 | 1321409 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 57000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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9 | 1321409 | 0.008 |
6 | 3850194 | 0.007 |
4 | 581167 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 57000 | 1 |
0.010 | 150000 | 2 |
0.011 | 1000000 | 2 |
0.013 | 669958 | 2 |
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