I hear you, PP, but I did all this last Dec/Jan and in March/April and now July/Aug.
Without news OTC trading exaggerates normal Fib retraces, and the gloating jackals try to trigger weak hands.
It can feel rough at first, but the overall company trajectory remains incredibly strong, best it’s been in fact. If this was not an organic growth play, then yes, we would all be in denial and clinging onto to, say, Kodak stock.
But we are in a start up effectively, so these are the periods of patience that will be rewarded in due course.
I’ve been in Verus over a year now. I was underwater for three months and averaged down in Jan. And averaged up when it slipped to .01. If I wasn’t fully loaded, I’d be doing the same now. Next Q will be like the last one and the one before.
Run, retrace, repeat.
Insiders have only added this year. Our CFO very chipper on LinkedIn.
Anshu relaxed on Drew’s HQ visit.
Garnock ploughing ahead with his Disruption Labs food and bev venture. (Recently hired marketing officer for UK wing.)
Ice cream will hit stores at some point.
Even the 5-year RSI is resetting!
Churning around .02 is the new churning around .01. And look at the run we went on from there.
Company should still drop some kind of news in Aug, given their track record this year.
But I really am looking at this Q to Q now.
Best,
Nest