Howdy, Ghengis!
First, let me compliment you on your mastery of literary English. It's a pleasure to read this post ... uh ... in the context of all the BK experts with single-minded, repetitive sentences.
One of the first rules of "investing" in "penny stocks" ... "they say" ... is: don't get emotionally attached to a stock or a company. With BioAmber this has been a hard rule to abide by.
I don't have any trading talents ... a la Middle East open market negotiations, though I can always find a good deal at a mall. So it's been hard when to decide if I should sell, say, when the price reached 045 ... which it didn't the day I was thinking about it; that day the price stopped at 042. I sometimes have a bad habit of buying high and selling low to save my ass.
On the other hand, it would have been hard to unload the stock ... what, for emotional attachment, hopes that our $1/share would or could be reached? OR because reason and rationality says, as you've alluded to, there's a fundamental promise in the technology, which we want to keep alive, because we believe in supporting businesses that contribute to a healthy earth ... or is that emotion kicking in again? We have good rational reasons for hanging on.
For my part, in hoping, of course, that somehow BIOA's technology would go forward, even better, the DD suggested that this 'Q' stock of a company on the cutting edge of technology was different that all the "standard" kinds of 'Q' stocks, usually failing but outdated businesses; or businesses with bad management, not with a brand new CEO who just got a bad loan accidentally; or horse-and-buggy type businesses that should have folded years ago.
Bottom line: I won't enjoy losing money, that's for sure; yet, if BioAmber's vision of a petroleum substitute across the board is a success, I truly am pleased with that. And ... I believe in Karma: I have other stocks that have good promise, and one could hit any day, when we least expect it.
Besides: we still have a few days. The final story of BioAmber isn't ended yet.
Might as well see how the story ends.
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