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Monday, May 15, 2023 3:34:07 PM
Actually, we see this as an advantage, in the sense that it forces us to hang on to our shares, and not be influenced by prevailing market forces. If we were not distracted and didn't get caught up in all of the noise surrounding CELH, we would still likely have the 568,250 shares that we held in our Roth IRA account at an average price of $0.22.
Those shares today would be worth over $74 million
https://i.postimg.cc/52xVycQW/Fidelity-CELH-Position-2-28-2015.jpg
We have confidence that Chris Reinhard will get a deal done to fund a successful Phase 3 clinical trial. The filings are secondary to us. While it may be difficult now, we believe that things will ultimately improve.
Don't underestimate the importance of patience when investing in micro-caps.
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
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