Woodpekker, I truly wish you the best for your hold and retirement ambitions.
If I may draw some comparison just on MCs. Whilst that particular stock announced a large deposit etc allowing the SP to increase to such heights also on the contrary another stock I once held from very low MC to a fairly largish MC allowing its holders to accomplish great profits..one stock I just mentioned in fact has more then wiped out 3/4 of its MC (because of issues along the way and market sentiment)
My point being, those 2 stocks mentioned whilst may have had short term success, when it actually comes to locking in 1 and 2 to move to 3 of the below, that’s when the true value of the MC is formed, forget about short term MC values.
1) Binding OT 2) Secured a Binding financial agreement 3) Successfully Producing
I wouldn’t be concerned about the MC on the stock you mentioned. Whilst it may go up and still leave you wondering, just keep an eye on the points above.
I say this with conviction and I and most probably most have seen it all before.
ADN is in its infancy stage. I’m keen to hear about the Chinese visit and their interest thus hopefully forming points 1 and or 2 to form 3 and if not 3 a possible take over.
Interesting positive times..
ADN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
(20min delay)