Dognasuds,
Perhaps if you are missing the entire bull market leg you overinvested in POWN. To miss the explosive gains in the REE sector, energy, basic materials etc. and too many stocks to count is unfortunate. What I don't understand is why someone with your "background" would have all their eggs in one basket.
POWN will have its day.
Even on "big stocks" IPO's line managements pockets to the tune of tens of millions of dollars. They take their co. public to line their pockets not to make the world a better place.
I have waited years for selected PM stocks, bio-techs etc to yield returns. Dilution was always a part of it. The company founders reaped monstrous rewards, yet I also profited handsomely. What's the big deal? Seems like this one has you emotionally. Your own trading advice from 1 year ago was about controlling emotion and proper DD.
If you think your DD was in error then execute a thought out plan. It is not necessary to vent emotion.
For me, the only thing that has changed in the last year is that the company has expanded their revenue potential in several areas, expanded their relationship with Disney and built a business model with more potential than ever and begun revenue streams that will grow in coming quarters.
I will wait patiently as all the reasons I invested in POWN have only been enhanced. The more Stan profits the more I will profit.
JMO
Hope you profit no matter what you decide. Less emotion will help you succeed.
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