Re: A view from 10000 feet
in response to
by
posted on
Nov 21, 2023 02:20PM
The blood bath de jour was brought to you by Rtv's Reddit comment about setting the price Wednesday. The Agoracom cattle were predictably stampeded. I'm not proud of it, but I joined the stampede with about 20% of my shares at about $1.02 US.
What people fail to understand is this kind of thing can happen to a company with little to no revenue. That's a big part of what makes Poet a speculative investment. The falling through of a potential partnership apparently caused the company to shift strategies for funding. Not enough of a safety net.
I take 100% responsibility for my losses on this stock.