I am totally bullish on the long term prospects of the company.
But if I am honest I wish I exited way higher with the prospect of getting back in at these or prices even lower.
When the company advised of the sit and wait strategy they were embracing I recall thinking I could exit now at 15c and likely buy back in sub 10c. I didnt expect sub 5c, but now I am thinking it could continue to drift and drift.
I have added all the way down so have had the opportunity to average down, but with the benefit of hindsight preserving my capital would have been a far superior strategy hey.
I had a detailed discussion with DC recently which left me feeling the turn around could still be some time away. So keeping some powder dry just in case it gets to crazy back up the truck levels.
If not, I have a truck load of script already so happy to sit and watch.
Everyone needs to do what works for their strategy.
10x
RNU Price at posting:
5.6¢ Sentiment: None Disclosure: Held
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