Cordova: Have you ever sold a home?
And, after you sold it, did it go up? That happens.
What if you hold tight and this goes to $2 by June? Then, I look foolish. I only have 50,000 shares left. Some of the shares I sold I had bought at .24, .25 and .28. Some I bought at .06 and .10.
And, I invested the money I got from RETC into a company that I have been following for quite some time.
They signed a great distribution agreement late Friday afternoon. I bought first thing Monday morning, from .070 to .085.
It then slid back to .06 at the close.
I bought more this morning at .07. It closed at .07.
The reason it did not take off with the great NEWS? The mgt. is dumping millions of shares and diluting - monthly. The mgt has the share structure and TA gagged. But, I like the story.
RETC is a quality company with an interesting tech, a very good CEO, and no dilution. Do not beat your head against the wall. Do not confuse mundane housekeeping data with real NEWS. Hiring a CMO will not make the company a safer investment.
The stock market is where the impatient give their money to the patient.
