Bowmo Inc (BOMO)

[CanItBThisEZ2Make]

I just went through a 1 for 15 RS with another ticker with the best news.That company did it to stay on the Nasdaq with the 1 dollar minimum. The stock fell from 3.00 to 0.72. That's all with good news. Not just remaining on Nasdaq but a huge almost confirmed buyout. Price is not about 0.90. I was able to average down. Now Bowmo does NOT have much good news. The only thing they have in their favor is after the recession hits in full force (if) and if the unemployment rises then their services will be in demand. So I'm realizing what I have to do, as sad as it is. Common sense is telling me to sell some at the 0.0001. Selling all would be foolish, not selling any would be foolish despite the odds of being able to selling at 0.0002. Now for sake of easy math think of it this way, using 100 shares for sake of easy math and price1000 for easy math.

So you sell all 100 shares at 1000 and price goes up you lose, price goes down you won from where we are at. 50/50 odds more or less
You sell half - 50 shares at 1000 price goes up you can sell and make money from where it's at, price goes down you can average down. win/win from where we are at

So obvious selling half seems wise, but what about 1/3 vs 2/3

Selling 33 shares and price goes up you have 17 more to sell than if you sold 1/2 mean more profit, if price goes down you can still average down but not as good.

Opposite for selling 66 shares at the 1000.

Now comes the common sense, this is most likely going down, which means selling 2/3 of my shares is the wisest move.

So since I have 50M, it be wisest to sell 30M shares.