Saturday, April 14, 2018 10:42:25 PM
When I first look at this stock it was trading at 14c.
And it had just collapsed.
Looked like an opportunity. Based on the research I did, I passed.
Thus far my instincts were correct.
I still think the chances of losing everything are greater than doubling down on this stock, even at a nickel.
If you disagree with me and manage to make money on the back of your insights, let me be the first to congratulate you!
And if I am being stupid, well thats how I learn.
But I have avoided a 65% wipe out on this stock thus far by doing some homework.
I call that a result.
And I am not ready to dip my toe into the water yet.
Because I still think the balance of probability is that if I did, I would end up taking a bath.
Hey... if I am wrong, poke my eye out and call me Susan! Whatever floats your boat!
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