Actually, I have my fair share of duds but I have made money on...

Actually, I have my fair share of duds but I have made money on them by getting out before the party is over. This included YOJ, EDE, GSW, IPD and many more - I may not have bought at the lowest and sold at the highest but in all cases, I made decent gains and avoided losses by not holding on faithfully.

Down ramp may suggest I have an agenda to get sp lower to buy in but I have no such intention. As I have done with numerous other stocks including BIG, BUD, MYQ , I am simply cautioning you by providing you reasons why you should be concerned with the trajectory of this stock, so you do the necessary to hopefully preserve as much of your capital.

1. I started cautioning this forum since management issued themselves with ridiculously large quantum of performance shares that bears no correlation with business progress
2. I cautioned about the ever number of announcements of deals and potential deals that no longer gets any mentioned as quarters progressed only to be replaced with new ones
3. I cautioned about stock valuation being ahead of its business progress at Market Cap/Revenue ratio of 150x
4. I cautioned about the size of each deal which is not material yet announced (e.g Aeroline)
5. I cautioned about being optimistic about any further traction on collaboration with the majors namely UPS and Schenker and if they are merely fact finding missions by these MNCs
6. I cautioned about dead stocks (stocks that go down or sideways , that perhaps you don't get anywhere after 5 years or more- market has passed verdict that business failed to get traction- or eg when they start getting into other lines of business like IOT (from drones to cybercurrency) ) and that money can be deployed elsewhere to make better returns (like 4DS when I mentioned at the time , and NUH in my last post)

.....but like in BIG (though I am not suggesting YOJ will end up like BIG) , the ones who are deepest in the stock are the ones most likely to see it through to the end and prepared to lose 90-100% of their capital when they could at least have walked away with a 10-20% return (albeit disappointing as they were on a multi bagger only months earlier) even after a large fall. Perhaps no one will tell the way I do but the choice and decision is obviously yours- as I've said many times, Doing Nothing is Doing Something.

Based on my experience at least, in 8 or 9 out of 10 cases, there is no prize in being the fixated loyal long term believer in a microcap stock no matter how great its value proposition is. As I expressed in my post in Its Over thread earlier, with the passage of time, a dog of a stock will show you more fleas.

And I learnt from Michael Heffernan of Phillip Capital who expressed that he only buys stocks that has an upward direction and not going down. And I'd rather cut loss on the stock and buy back higher when it reveals it has achieved business/market validation - manage risk on the downside at the early part of a downward cycle (which was 20c in YOJ case) and buy back on any announced validation in a sustained not kneejerk upward move (which means a break of chart pattern to the upside that is sustained for longer than a month or so, supported by revised fundamentals or re-rate of the stock).

Now with YOJ at its 52 week low, IMO breaching that will likely see its sp going down further. A market cap of $64m is unsupportable based on current market environment especially when you can buy better quality stocks with greater business progress at much lower valuations.

All the best with your decision!