While not aimed at me here is the logic i use and I like to think I'm not emotional about any asset i hold, i'm trying to make money from the stock in a long position.
Lock in the loss:
For me to crystalize a loss I have to believe it is unlikely i could ever break even again. So to lock in the loss for me means I don't expect to see ~$3 again (my avg buy). That doesn't mean i am emotionally invested in the stock and while i plan to dca i am also careful with 15M shorts still out. Time frame on that for me is around tax time next year if she is still not even or green then it may be time to cut the loss
Management not signing customer - no revenue
When they do sign the price will move up and i believe the worry of 'at least' breaking even will be a thing of the past and it will be profit taking time, or do you think a sign up will lower the sp? Most likely the shorts will be covered by then (if the sept theory holds) so it might be rough for a bit but imo should come good.
Does management not play a role in sp?
yes they play a role but lots of external problems, geopolitical and global market issues they have no control over.
Getting kicked?
Yeah as others have pointed out this hopefully will also see the shorters cover so it may be more neutral
I'm sticking to my plan its not about being in love with the stock, not everyone who is holding is in the fan club not everyone who is not holding is a hater
Each to their own and good luck to all, gonna be rough for a couple months imo
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$2.00 |
Change
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Mkt cap ! $377.8M |
Open | High | Low | Value | Volume |
$1.98 | $2.06 | $1.97 | $1.887M | 940.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 25401 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 23000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 25401 | 2.000 |
1 | 3700 | 1.995 |
2 | 10054 | 1.990 |
2 | 2263 | 1.985 |
11 | 25264 | 1.980 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 23000 | 1 |
2.040 | 10000 | 1 |
2.050 | 487 | 1 |
2.080 | 6550 | 2 |
2.090 | 6500 | 2 |
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