I was in this for much of this year but sold off through last week. When a stock appears to have good reason to climb but fails to do so, it's my failure to keep on holding it...especially when I know there are others with at least equal promise. I don't like to fail. My cost basis was $1.46, so I gave back about 40 cents per share. Prior trades softened the loss and I may be ahead but not by much. The worst part isn't the stock price---it's my having done a poor job of things resulting in my not profiting.
I sold CKGT and put the cash into HDY which has been enjoyhing an extraordinary run-up. I've been in HDY for more than a year, so I wasn't throwing darts---just wishing to place my assets in more promising circumstances.
The lack of an adequate investor relations tie-in, indifference to shareholders' concerns, price action in the shares themselves, lack of explanation regarding business decisions, plans, even the corporate mission, and---of course---a terribly suffering share price.....these are things that must be answered for me to hang onto a position.
WT