I made up my mind last night to get out of ADO "at a loss" and did so first thing this morning. I still think it will be a success but it aint going to be anytime soon IMO.
With the Qtr due and this recent action i am banking on it going lower which has been the case today and given the volume im not sure when it might stop.
This was one of my Long Holds - and that has not changed - but to be sitting with $$$ tied up atm to me is just no longer doable.
Hopefully it finds a base soon and with some good news will start to climb again - i will be watching and hopefully i will be back in time to enjoy the ride up again.
Good luck to those that are still holding.
Cheers
ADO Price at posting:
9.0¢ Sentiment: Sell Disclosure: Not Held
