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Posted On: 03/15/2022 5:44:31 PM
Post# of 154883
That’s exactly right. I have no problem with management giving us infrequent updates, even on a quarterly basis. But not in the face of this constant step down in the SP. it’s death by a thousand cuts.
I’m no technical analyst, but there seems to be no downside support whatsoever. For awhile I thought it was $.50. Then maybe .40.
Anyway, I guess my point is in the absence of any update from management, what stops this from dripping down every day – – and we look up and we’re at $.15? I bought a lot of shares when it hit $2, and then when it hit $1, but once it broke about $.55, I’ve just lost my confidence to buy any more.
I’m no technical analyst, but there seems to be no downside support whatsoever. For awhile I thought it was $.50. Then maybe .40.
Anyway, I guess my point is in the absence of any update from management, what stops this from dripping down every day – – and we look up and we’re at $.15? I bought a lot of shares when it hit $2, and then when it hit $1, but once it broke about $.55, I’ve just lost my confidence to buy any more.
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