Thats valid. Its why we are all here. My thoughts are that I would rather consistent growth upwards to 7 bucks a share than short term jumps to say 2 bucks a share without the right substance behind it and then he plummets.
This situation with the recent drop is clearly not a value based thing. I wouldn't say people have dumped the share because they don't think its valuable, rather it has been traded down so that large companies can get in. It was sitting comfortably at $1.60 a couple weeks ago. The only change is there are about 23 million more share on issue, and an extra 30 million cash in the bank. You would expect that dilution to drop the price a little but not below the CR price. The price will be back up in a couple weeks and back on track.
Back to the making money thing - do you mind if I ask you what price you are looking at to sell? For me, I would like to get around 3 bucks a share, then sell half my position and just let the rest ride. All depends on what the company is doing but I like the idea of cementing some profits at $3
RCE Price at posting:
$1.18 Sentiment: Buy Disclosure: Held
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