JMO, but what keeps me happy and sleeping well is the obvious and concerted effort the company is making to get listed.
I watched them dilute, I saw bad loans get settled for insane numbers of shares, and somehow I managed to stay in and keep buying, because I believed that a day like today could happen.
If you ask me, I believe they started the big push to get out of the hole last last year, maybe as early as October, but in earnest by December. Every move thereafter has been well thought out and focused on listing. IMO, they have done just about everything right a company could do to get there, the price just has to catch up.
But why I sleep well is my holding has appreciated very well, and I'm just not too worried about it dropping too much, or if it does, not for long. The reason is they are hell bent on getting listed and I believe they have and will continue to do so until they get there, barring any totally unforeseen events. And, it just happens that getting listed means a $2 share price. That's just what it is. It is a known target amount that "must" be met.
To me that says you can buy this stock anywhere under $2 and expect the company to keep fighting hard to protect your investment. Delay unnecessary dilution, keep debt down, etc. They are determined to do it. A person can reasonably expect to see $2 and really a little more for cushion, if this company has any ability to make it happen, and they don't appear to be short in that department at all to me.
The question then becomes, if it is trading at $4, then does it next go up to $5 or back down to $3? We won't know. We will have to keep watching and try to figure it out and see how it goes. That's a problem for later. Right now, we know that $2+ is the place to get to.
And if we get to $2 and stay there, maybe you get some good returns from that, or some great ones, but hopefully that becomes the base from which the future is built on.
The market is, and has been in one of its typical realigning paths, mostly no reflection on iQSTEL I think. Eventually all the hard work and effort should be rewarded IMO. And if you want to keep buying above $2, just keep an eye on revenue, margin, and net income progress. There is no set limit this company can reach. For me, I see this becoming the bellwether company for other small telecoms. I believe iQSTEL is blazing a new path that other small telecoms will wish they had done, or will try to emulate, but we are likely well on our way by then.
Also, I think it does well to remember that our CEO once worked for a company owned or controlled by Verizon and has friendships and business contacts all over, which I believe has been a huge part of the company's success thus far, and likely for to come. For me, all reasons to stay calm under a dollar, over, a dollar, or wherever this takes us, but we know the plan.
