There's an old saying of why spread your money over 50 stocks in the course of a year, when it is more profitable to only put your money into 5 and weather the ups and downs.
I hold a huge position here and every tick up, I make a few grand and every tick down I lost a few grand from the high I could have sold at. So why hold you might ask.
Because with a 90 day standstill, (just call the TA to verify) and 14 future PR's in the pipeline........those holding for at least 90 days can not lose unless the company goes BK.
We are also fighting a large O/S of 1.2 Billy which means for us to really move each day we need a couple hundred Milly in volume EVERY day......not just once in a while. Low Volume and the MM's play their games and GRAVITY takes over.
Just gotta know "when to hold 'em and know when to fold 'em".
Sure it's a gamble.....but tell me what in life is not. You could get Nuked in your bed tonight and you will never know it. Nothing in life is guaranteed.
Good luck to you, but me personally, I am just gonna hang in here and buy more on the real deep dips and see if I made a good gamble or not. Only TIME will tell.
JMHO
GO NECA !!!
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