I haven't changed my mind. I still believe that we will trade in the 0.70 to 1.00 range for the foreseeable future. They still need to get their act together, IMO.
My number 3 and 4 stock have come down significantly recently. I think one dropped 30% and the other one 50%. While SIAF rallied almost 90%. So I took this opportunity to repurchase those stocks. It was a good decision for me to hold most of my money in SIAF. But now I feel like spreading it a bit more. So now I am flexible again. I will hold on to my nr 3 and 4 stocks. I have good hopes for my nr.2 stock. If it performs well, or if my put options on some of those rubbish US companies do well, then I can purchase more SIAF sub $1. In the mean time I hope to see a little more progress.
I still have 60% invested in SIAF now. And I will not be selling any at $1. I will try to keep my position between 60k and 100k. And it's 65k now. My personal circumstances could differ from yours obviously. And I had to sell a few shares anyway because I have no other income.
If this stock really goes up $10 every year, then how many shares do I need to own? Not more than 60k I think. So there are a number of things to consider.
Mood swings, I suppose it looks that way. It aggravates me that Dan is talking about dilution at a P/E of 2 to 3 when they just received $25M. It just doesn't add up, does it? Fed up with this.
