OMG!!! $817.00 per share...WOW!!! I am sorry you missed that ride! I have done that a few times myself. What I should have done with CNQR was taken 5,000 shares off the table at $17.00 a share and let the other 5,000 shares ride. Still would have been a substantial return. But, $817.00 per share...that is impressive. Typically I day trade the pinks, OTCQB, and sometimes the OTCQX however, if a stock looks like it could yield a substantial reward down the road through an up list (or other reason) I will go long and even endure a reverse split.
I think something is in the making. Again, why would that young proven marketing executive leave a company she has tenure at for a company that
has only a small fraction of her former companies market capitalization. Something is brewing, why wouldn't Jason max out his current outstanding share cap and then do a reverse split. I think he is dead serious about the NASDAQ. I am willing to venture going long because the risk/reward looks more promising on the reward end.
Would you rather own millions of shares that you day trade and make your gains here and there (yeah, maybe) with the potential of a pull back and getting stuck upside down and live in fear of selling because it may spike up (several months down the road, but you own too many shares to unload all at once and you are buried alive) or would you rather own less shares with much stronger upside potential (which could be very substantial). Once the big boys take notice (institutional investors) that is when the big ride begins.
Sometimes less is more!
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