You are correct; I am overly invested in this company and I am at my own fault. I have learned alot thanks to MP and others HERE. I wonder if I am the only LONG who never sold a share that is GREEN.
I thought that by understanding the balance sheet I would then understand and predict the PPS; I failed to realize that there are many more parts....
I have failed miserably in many areas and surprised myself in others...I have dyslexia and was very impressed that (for the most part) I have been able to comprehend the balance sheet of a multi-million dollar company when my experience is based on my own experience and my low 6 digit business....I've come along way; albeit a long way to go.
Notably has been my failure to understand capital raising and the leverage involved to conclude a reasonable prediction.
Good on you and your success....my time is near....
You may be right and may be wrong, but I've learned one thing from somebody that is priceless; being right and wrong is irrelevant...I thank that person for that lesson.
Now, to be honest; I am battling a new psyocological battle - valuating the stock itself rather than telling my self I new it would come back to a penny, atleast I didn't lose my money, etc...
I am trying to use other keys to assist myself in this thought; and then something new comes along....more volume than the entire history of the company by 2*. A trade at 4:27 for 34K shares which appeared NOT to be a FORM T. Both of these are foreign to me...but I'm pretty sure Red Chip could NOT account for all this buying especially when I am certain that many RETAIL LONGS SOLD as they are facing the same mental battle that I am : " a breath of fresh air that NOT ALL MY MONEY IS LOST". It appeared over $1.7m traded over $9. That's real buying power!
BTW, I don't want to stop being risky; I just want to start being more calculated and bring more tools to the GAME.
