Friday, December 11, 2020 4:05:07 PM
On this stock I made the cardinal mistake of liking a stock instead of being clear-eyed. I knew I should have sold at $2.50 yet I rationalized, justified, and hoped to the tune of a $20k loss. It was my own piss poor trading that did it, nothing more. This company is toast. A second consolidation in a year? They are only doing it to get the price up to sell more shares. They have regressed to acting like a ten cent stock. The company has value but there are so many convertible shares out there and such a dearth of obvious revenue increases that I must bid adieu. One last thing, look at McMeekins performance as CEO of Progressive Gaming International llc. It is illustrative.
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