I unfortunately sold too early at $3 on the way up. (D'oh!)
I haven't done the math yet to figure out where this should be valued if the projected earnings materialize, but I will. The nature of this investment has now changed from a pure foreign pinksheet to a small growth play, where real valuations are more of a factor in the share price.
Once the price finds a place to settle, I'll do my calcs and decide if it is worth buying back in.
I sure wish I'd put more money on this horse than some of the others I bet on.
Those who are betting on this not being straight up are idiots. The stock may be overvalued at the moment (I haven't done the math), but you can bet it's real.
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