Well, I’ve had enough! I went against what I said previously,...

Well, I’ve had enough! I went against what I said previously, which was, that I believed Weebit would re-enter the 2.30-2.35 zone at least briefly, as this held more support and that I would wait and back up the truck at this level.

Yesterday I simply caved in, swallowed my pride, pushed my stubbornness to the curb and backed up the truck and loaded as many Weebit shares into my portfolio as I could for the long term hold. Reasons why I did this include:

- Several times now I’ve been caught out with my charting beliefs that often don’t hold with Weebit, and this seems to have happened again,
- In hindsight it is now clear that Weebit recently made a double bottom at the 2.47 level, which is incredibly bullish,
- Negative sentiment from traders/shorters seems to have dissipated in the past few days,
- With each passing day, an announcement draws closer, and my chances of accumulating at a lower price become more unlikely,
- I was losing sleep by waiting to complete my holding while watching the price rising.

Yes, losing sleep and lots of it. Yes I had to pay more by waiting too long. And now I don't care if the price does drop into the 2.35 zone prior to any announcement, as I can now relax and not watch the screen every 5 seconds!

Good luck to all, and godspeed Weebit.