that example sums up my decision making on Friday when I read the announcement
one side was this great project that could be worth $100M-$300M vs even a fully diluted market cap of $30m post placement
But then there was to be a large 3c placement
So I decided to buy early in the morning but decided against doubling up at the end of the day so I'm on board for the ride and will hopefully get to buy more if it gets sold down
The VOR example sums up the Great Benjamin Grahams philosophy Short Term the market is a Voting Machine Long Term the market is a Weighing Machine Value wins out in time
ECM Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held