@songokou, Im sorry you had to make the call to jump out of SAS, hopefully you exited with your capital intact and made a bit ?!
SkySpace - This company is going places, everything they have said they would do, they have done, and a lot more!, and i might also add in a shorter timeframe than anyone imagined, yes the share price may come down, there is nothing we can do short term about that, we are all susceptible to the Mkt ebbs and flows.
The Mkt and holders want to know about FUNDING, They will get a funding deal as sure as the sun is coming up tmro morning, and i don't think there will be a capital raising at this point?, so any shareholders that jumped in hoping for a quick buck, within a few months may be sadly disappointed, because getting a big fleet of nanosats into space, transmitting with in a secure network, and returning revenue $$$ is not a 6 to 12 month proposition!
You need to be patient as holders of SkySpace, disruption of big industry takes time, and we will all be rewarded as LT holders
Your options are - Just exit the stock and go look for something better, average down in your overall position, sit tight on the stock you currently have, stop loss when it hits your mark with the possibility of a re entry on good news or a break in resistance? (because you never know how far it might come back, US/Aust mkt could dip or correct at some point?)
How you trade is solely yours, you have a choice and you can't blame anybody else if it goes pear shaped!
Conclusion - I have 100% faith in this management, I have the vision and patience, so i am buying more and averaging down, one day i will be a co-owner in a awesome satellite company, that has a minimum of 200 nanosats up in space, with all the costs and revenue that follows, and this is what I'm here for, not a flash in the pan day trade….
Wish you all good luck, DYOR Jack
SAS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
