Yeah MOMO plays are tricky. I bought in November but never expected it to be a momo run. I did sell some of my position as the dynamics changed once this got really hyped. So I ended up green in the overall scheme of things.
I still believe the company has value due to their Alaskan leases and discover well results and yes I consider Merlin-1 as a good well result even though the wire-line was botched, sorta.
I bought a bunch more at .0175 , I can wait this out.
You are right though... every trade should be a learning lesson.
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