I wholeheartedly agree with your comment …” tough on some who got fooled by the constant pumping of management”. I would also include the regular IMU pumpers and perma-bulls here on HC … calling “buy of the year” from 60c down to 6c. Most recent was a couple of days ago calling the drop to 3c “buy of the year” by the Gold-Star IMU pumper T-Bull. Only a day later IMU was mid 2’s with further falls to come. In coming “buy of the year” comments when IMU soon hits … 2c, 1.5c … 1c.
btw, well done on getting out of IMU in early 2024 (having watched it slip from 62c) … that took some guts and foresight to avoid the disastrous fall to 2.6c. That is 4x-5x better than now!! This demonstrates that it is not too late to “get out” of a position when it doesn’t sit right, no matter how far from the top it has come. The most you can still lose from the current sp is still 100% of your current position. This is worth saving in my mind.
I argue 12 months from now, some may be looking back to now and will be glad they got out here with 4x the current sp in 12 months OR wish they had.
IMU Price at posting:
2.6¢ Sentiment: Sell Disclosure: Not Held
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