Of course it will retrace, what goes up vertically must come down. Question is when and by how much.
There is a long way to big revenue from here, a fair amount of trading days to launch also. Trouble is this is a very unique stock, where FOMO seems to be a big factor. A lot of blue sky posting here. I thought over the weekend the SP could come down to 0.10-0.15, basically now I have no idea, it very well may, not looking likely.
I am ready for a decent top up when volume decreases, guess I would rather be in than out at this stage. At this point a successful launch is looking highly likely, a LT hold is your best bet, cheers.
SAS Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held