I'm out! Maybe too emotional but tough to hold a company that does not sell anything yet. I was profitable. I'd gotten up to 10% of portfolio in it. They did not sell anything this quarter. They are "stockpiling" to have enough for orders... PG money not coming in until Q3/4 next year I think they might do well long term, but no rush to cover shorts or for big money to buy in No written update on SK failure or what is going on in Augusta. I see them having some success, but not exponential or not enough. I might be very wrong on my sense of it, hope I'll be comfortable. If they execute and do well, there will be opportunity to buy in later with better data My equity is at all time highs. Blah blah blah, it might all be nonsense.
I did a little scalp on it (loss) last week. Looking at the bigger chart, it needs to retest the base again. Nice daily move after you started this thread. You could do a subscription service. And that is all that matters!
I've had bulls in other stocks argue with my analysis before, specifically with my mathematical computations as follows: There are a lot of balls in the air, each ball has a given likelihood of occurring, and all balls have to occur for the end result to be great. If ball one has a 25% chance of happening and ball two has a 27% chance of happening and ball three has a 90% chance, (Note each of the above taken alone might be worth investing in) then the likelihood of all three occurring is 0.25 x 0.27 x 0.90 = 0.06075 (6%) That is not favorable math, especially if there are more balls... On the call, he is most excited talking about TAM
I don't have your level of interest. I was relying on a buy side pro in the space. He's out but had a low DCA. He's waiting to get back in on beta (get in on mkt breaks).