Agreed Cam. You earned it but I think we are all adults here and realize the risk. I for one did all the reading and did some of my own research. Read some of the studies done in the past by MatTek, etc. I was wanting to sell being up 200% but that was just the other day. Instead, I had a long thought to myself and a discussion with my wife about the pro vs con. The pro.....untold upside. the con, my investment. I can't say this for everyone else, but the money I used is from my "super car fund" that I have been saving up for years. It wasn't a lot to begin with but it was 200% higher the other day, lol, not so much at the moment. BUT, it wasn't enough to get me that "super car". Once it got close to that super car, I realized I can do a lot more with that money than just the car. The mortgage, post grad education, a small business idea that my wife and I have, etc. So, she convinced me to stay until at least we start seeing revenues.
Can this stock go back to the $0.71/share price I bought in for my first order? Yes. Can it get to the $0.67/share I bout in for my 2nd? or $0.61/share for my third? Yes. But with no risk, there is no reward. And I was taught / learned at an early age you only invest what you are willing to lose. But you only invest with zero intention to lose.
If anyone is unsure of what to do or if to sell to break even or cut your losses, take the time to think about it. Talk to someone who might be able to get your head level. These swings sure are wild for me since I normally only invest in large cap stocks or mutual funds. Whatever you decide to do, if it is the best decision for you, then do it. No one will ever be mad at you for doing what is best for you and your family, especially when it comes to your financial future. I hope I helped at least one person make the best possible informed decision for themselves.
OWCP Long and Strong
