Over the month of June the pps moved from about .9
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Posted On: 06/28/2019 9:30:10 AM
Over the month of June the pps moved from about .90 to 2.50. Yesterday it closed at 2.25. Excluding today, of course, there have been 22 trading days this month. We were in the red for 7 days, and in the green for 15 days. I'm no chartist, but that's a gain of 177%. That sounds a bit frothy to me. I would expect the share price to be volatile on relatively small volume, unless there is a major PR between now and 7/23.
This is not the time to panic if the price goes down or get overly-excited if the price goes up. If the pps drops to 2.00, buying then will be like getting our shares for $1.00 due to the 7/24 1:1 dividend. That would seem like a decent price to buy more shares. If it goes lower, we can buy even more shares. If there is a major PR (other than uplisting, earnings, or non-dilutive funding), and the pps increases, that's the time to take a few shares off the table. The closer we get to 7/24, the more conservative we should be, buying and selling, especially with the core shares we intend to keep indefinitely. No decision should be made purely on day-to-day movement of the pps. JMO
This is not the time to panic if the price goes down or get overly-excited if the price goes up. If the pps drops to 2.00, buying then will be like getting our shares for $1.00 due to the 7/24 1:1 dividend. That would seem like a decent price to buy more shares. If it goes lower, we can buy even more shares. If there is a major PR (other than uplisting, earnings, or non-dilutive funding), and the pps increases, that's the time to take a few shares off the table. The closer we get to 7/24, the more conservative we should be, buying and selling, especially with the core shares we intend to keep indefinitely. No decision should be made purely on day-to-day movement of the pps. JMO
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