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Posted On: 05/18/2017 6:04:10 AM
Post# of 22463
Whereas your sentiment is shared by many, Crunch is right. You can sell now if your tired of waiting. Will share price plummet after SID without sales announced? I don't know. They may show something that sparks other new investors and the share price holds or rises.
But the question every investor has to ask themselves is when do I pull out?
I owned Tessa at $16. I pulled out at $30 and 15 months later they announced their first profitable quarter. The price went to over $200.
For me, I'd rather take a loss on QMC (my 4 year, highly researched investment) then to miss the boat. But we all have our risk profile and have to invest with what we are willing to lose. There are no sure things in the market when investing in startups or new IPO companies.
Best of luck to you regardless of your decisions. I appreciate your input on this board.
But the question every investor has to ask themselves is when do I pull out?
I owned Tessa at $16. I pulled out at $30 and 15 months later they announced their first profitable quarter. The price went to over $200.
For me, I'd rather take a loss on QMC (my 4 year, highly researched investment) then to miss the boat. But we all have our risk profile and have to invest with what we are willing to lose. There are no sure things in the market when investing in startups or new IPO companies.
Best of luck to you regardless of your decisions. I appreciate your input on this board.
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