Danny I know it feels unsettling, I've held shares for some time and part of that time they were significantly underwater. would have cut bait if there was nothing to this company. But there is in fact a lot as the hard data shows so I just kept adding. IMO these price drops are buying opps. it is highly likely the price will be at a buck or more not too far out. plus with it being such a low float the peaks and valleys tend to be exaggerated vs. mega-million-share stocks
Have a read through the 10k if you have not already, at least give one call to IR and speak with Ray. Merida does not back weak companies with millions in PE capital. No reason to lose money IMO if you can ride it out.
G/L whichever way you decide to go.
FRLF
Want to see what I'm working on? click my profile link and go to the recent posts tab. good luck and good trading all-