Absolutely 100% correct.
Personally I am happy for it to range trade at these levels for a while as I slowly build a decent holding (for me anyway....its all relevant) took 5 years or so for another play I hold to really take off, also a start up in that time I was able to acquire a holding that will in the future make a difference.
For mine, despite being a different sector/industry, its a 3-5yr play. Gee its a business in its infancy and it has so far it has pretty well ticked every box they said they would.
1. Not to many shares on issue
2. little/no debt
3. $50M cash at bank
4. Onboarding of merchants growing each month.
5. Smart money have a lot of options @ circa $1.00
Its a pretty good story really, and I do think there are a lot of games being played aka accumulation etc. This is what the BEOT do red, red ,red and grind retail down.
Don't be fooled hang on to your shares.
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