I agree, everyone that sees they red flags, as real potential threats to the over all project, should follow their instincts, sell and move on. Everyone has to do their own DD and make their own decisions based on their in depth knowledge of the company, management,history, financial situation, an appetite for risk.
I have said recently that I would not be surprised for see the stock at $0.75 in the short term. It may well gap down overnight $0.25 to $0.30 when ever the late news is posted, or when the big nationwide protest happens on Thursday.
I do not believe anyone holding more than 500,000 shares or so is going anywhere soon. But, with the thin trading float it would not take much to knock 50% off the current share price. If I were not in this for the long pull, I would certainly sell, particularly if my break even was back around $0.50.
Do I still believe that my projections for the rest of the year are valid? Absolutely!! But between now and the end of the year we certainly could see $0.75 that is still way above last years lows.
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