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clock Created with Sketch. 18/04/23
18:30
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Originally posted by BSquire:
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Because the market is greedy, impatient and irrational. Because the market sees no meaningful revenue it assumes that nothing is occurring. It sees cash burn and assumes a path to bankruptcy.
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The fact is its SP is now sinking like a stone. Unfortunately we will see it below $1 soon unless there is some major progress such as a deal with a big player. Another fact is that everyone can buy more now if they have sold some before impatiently. It is too late and too expensive for me to jump out of the boat now. Once the SP is back up, I would reconsider buying more to average my costs down again. In the long run, I still have faith in NVX. IMO, what you said is all hypothesis, at least indirect evidence. Anyway, time will tell if our choice is poisoning or not. Fingers crossed.
(20min delay)