As an investor, we look to the future. The market can appear to get it wrong in the immediate sense of things. The appearance is especially noticeable (with hindsight of course) just before price takes off, which is where I think we're at sometime in the coming weeks if not days.
I, like many other longs, have been here watching this story unfold for a good while. In my case, since last February. And I can tell you - there are many familiar names with portfolios loaded with this stock and still adding.
There have been many opportunities to sell. Yet, I hold the vast majority of what I bought then. And the reason is simple - with every passing week, there is ample and additional evidence that this is exactly what it appears to be - a massive Chinese reverse merger that is on its way to Nasdaq in the EV space, with enormous future potential.
And even better, there has been zero evidence provided that there is anything scammy or fraudulent going on.
There's obviously good reason to be skeptical of most OTC stocks. And that's precisely because stocks like this one don't come along often at all. And that's also all the more reason to ensure you can see through the FUD when opportunities like this DO come along.
To be honest, had this gone big like we thought back last May, I may have had a tinge of guilt for gaining such profits so easily in such a short time. After weathering the storm here, there will be no guilt - just feeling fortunate and looking forward to the many great things that will be done with these resources here in the states, in China, and in many other parts of the world.
While many storms brew elsewhere, this one is ending and the sun is about to come out here folks. Get in or move on. It's really that simple.
