It's irrelevant. In the short term the market is a voting...

It's irrelevant. In the short term the market is a voting machine in the long term a weighing machine. If Penns 20th June presentation is good but tax loss selling offsets it, then in July the price will go up. If Penns presentation is poor and tax loss selling puts additional pressure the share price will drop further. In which case another buying window may open. This is only my first position so I am quite relaxed. Lots of room from here to dollar average downwards. And TLS is a 2021 story. Still 3yrs away. But the market is forward looking. Why do you think TLS peaked in 2015. Nobody was talking about current issues back in 2015. But the market in its collective wisdom started pushing the price down. The market in its collective wisdom was selling st the margin. Now tls may under shoot on prices as the market is now very nervous on tls. But time is on my side. At $2.65 I might not make much money, but over a window of a several yrs I don't think I will loose to much either