Nice to have that $8M CAD windfall come into their cash coffers.
After an 8-month hold, I sold all 23k shares from 2.10 to 3.02 earlier last week, averaging about $2.60 per sell, a rather miniscule gain from my cost-avg of 2.28 over the months.
I missed the big, brief pop to the $5s and $4s pre-mkt last week, but i just couldn't trust the stock not to plunge after what i suspected would be another disappointing earnings report.
I left SO MUCH MONEY on table
--by buying too high in mid-July 2020 in upper $2s,
--by not swing-trading those daily 20-cent up-down moves throughout the Fall,
--by not selling upspikes in Oct & Nov,
--by not buying in Dec. at $1.50s when I almost bought an extra 7k shares,
--then by selling all shares from 2.10 to $3.02, and missing by 1-2 days that huge spike in pre-mkt on 2/10.
In sum, that’s easily over $60k-80k missed by not doing a few of those things!
But of course now i'm glad i sold for at least that 14% gain, given the release of that dismal E.R. on Monday.
Yeah, the conf. call has some notable silver linings, but it looks like another 2-3 qtrs before we see the kind of positive earnings news (with Mood Ring etc.) to significantly re-set NEPT higher into the $3s or $4s again.
There's always the possibility of another crazy momo up-move like seen last week!--especially on any USA legalization news.
