Not my best investment. I bought LCTX in May last year, expecting further growth, but nothing significant has really happened. As of now, there haven’t been any major updates from the company, and with the stock price declining this year, I’ve already come to terms with the losses. However, on January 27, I noticed an insider purchase of 4.4% of LCTX shares (https://prismo.pro/stock/lctx). Given my situation, would it make sense to hold on a bit longer? I couldn’t find any publicly available information hinting at potential growth. Does anyone have any insights?
Even the blind can see that it is on the downtrend. If you have analyzed your trend wrongly, better close your position, and stop trading/investing until you know how to read trend from the chart. Don't invest/trade based on hope. downtrend - you must press SELL button first, then BUY button later. don't mix up the sequence. Also don't enter the trade too late.
Is the reason why you bought it last year still relevant? Did anything has changed since? If you think you have made a mistake, then maybe it's time to sell them. If you think the stock still has potential on the upside, then I guess you should keep them. Accepting a loss is not something people are usually proud of. But your wallet doesn't care about your proud.
AT $.50, you could continue to hold... treating the stock like an option with no expiration date... and hope it turns into something significant in the future.
Then he will continue to have sleepless nights for the next few days/weeks/months .... waiting/ & hoping it will turn into something significant in the future.