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mrmainstreet

12/08/22 10:21 AM

#395222 RE: mrmainstreet #395188

OK I guess it's just me buying down here since not one Long replied! It's lonely at the bottom.
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OldYeller187

12/08/22 6:28 PM

#395249 RE: mrmainstreet #395188

Hey MRM, I bought some down here after the initial crash around $1.30 or so, but haven't added shares in a while, and don't plan to add any more at this point.

I am still holding all my shares and don't plan to unload anytime soon, but do have serious questions if the company can dig themselves out of this hole. On a brighter note, I don't see a whole ton of downside, especially now that these idiots have stopped the ridiculous cash burn. I would be very happy if this gets back to $3-$4 range, and anything above that would be somewhat miraculous IMO. Increased EU revenues are the only thing that will move this up, and we have the Denner wildcard too - I think we'll know what's happening there soon, probably 1Q 2023 at latest.

Like you, I'll be selling covered calls when my January 2023 $10s expire. Selling covered calls is literally the only intelligent thing I've done with regards to this soul sucking investment.