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 ! $16.40M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $479 | 46.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5248052 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.1¢ | 134000 | 1 |
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No. | Vol. | Price($) |
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6 | 5248052 | 0.010 |
2 | 200099 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
2 | 1000032 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 134000 | 1 |
0.012 | 186887 | 5 |
0.013 | 486009 | 5 |
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