Bought IPO. Sold $1.50. Bought back in today at $1.05 (smaller position). I think from here it's a hold. Don't know or care if it goes to $0.75 etc. I just don't think it goes back to $0.20 or $0.50 as the story is out and the potential is real. That's enough, in my opinion, to keep it well above the IPO price. But yes, $2.00 was obviously massive fomo. Wouldn't be surprised to hear a good announcement here as you'd have to think they're out their drumming up business. However, now such announcements will take the stock from $1.00 to $1.20 or if it's $1.20 it'll jump from there to say $1.40. To get back to $2.00 (feel bad for those that bought there) it'll take a long time and a lot of PROOF of traction. If they do start to do a few deals I for one would happily buy again at higher prices. It's easier to pay $2.00 on signed deals than it is to pay $1.50 on hope.
SPT Price at posting:
$1.08 Sentiment: Buy Disclosure: Held