Monday, November 29, 2021 12:09:53 PM
I do think a market cap around $1-2 billion would be acceptable for all parties concerned before TLD. That would translate to about $1-2 per share. If we can continue to have positive news, such as manufacturing license, the price will find more solid support.
All will change into a better scenario in terms of price if market dynamic changes due to strong demand for shares, such as one or two big guys are getting in big. In that case, it's possible to see price around $3 before TLD, in reference to the high of around $2.2 reached last year.
In a post I said yesterday, I stated now I have become accustomed to not reading tea leaves, or trying to speculate, and timing the market according to this and that anticipated event. I am determined to wait for TLD, while continue update DD.
Unless the fundamental changes, I am waiting for TLD.
But I would also like to say, it would not be a unwise move to sell the shares you bought lower to have liquidity and option on hand.
GL.
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