Whilst I agree that the technology is great and the potential to sign up POC1 and others remain, the deterioration in SP is not something to be ignored. Those that purchased sub $0.10 and are sitting on some good coin are able to wait it out as the chances of the SP returning to those levels are somewhat slim. For those that bought above the current SP, it is now about preserving capital through risk management. If a deal is not announced until end of year, you know have a couple months of nothing to really support an increase in SP. You will have people that will sell for one reason or another, but where will you get new investors to replace them?
So for those that did buy above $0.10, is it better to sell and buy back towards end of year, or hold out for an unexpected announcement?
Many people work hard for their money, and i wouldn't permit losses to magnify week on week. Especially dealing in the speculative area of the market you need to have your rules and stop losses in place. Even if you miss an announcement or two, over the long term you'll hopefully be in front and even better, be able to soundly sleep at night.
ADO Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held
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