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JFL : im at top of the mountain
10baggerbamm OP JFL : this is where you have a decision to make..
you either buy more to bring your cost bases down or you're going to be in it for a very long time for to recover best case scenario.. of course it may not recover.
I think the drone industry is going to have a banner year I think there's a tremendous amount of demand for counter drone technology for offensive drones whether it's surveillance whether it's for attack purposes. so I think this industry is a whole has a very bright future..
Ginvest : on 1/22, you made comment said this stock has potential to go under 2, so i sold it at around 7.6. i will buy it back at 2. thanks for the advice then
10baggerbamm OP Ginvest : we may have put in a bottom and if that's the case the two is not going to happen unless there's a material problem with this company there's a setback or they lose a contract or there's accounting issues. you have to look at my statements relative to the time they are made. you can't look at them in a very fast dynamic Market which is what we are in weeks or months later and expect what happens in the future to be 100% correlated to the statement at that time.
so it's possible that this company and all the other drone companies that rallied up and have since come down they've wiped out that bubble and they're at or near a bottom.
we could have a 4 or 500-point down NASDAQ day very easily as we've had in the past and then everything sinks 5 to 7%.
no absolutes in the market I'm just a person I don't have a crystal ball as I've said mine's in the repair shop they keep telling me it's going to be done any day now but all I'm doing is looking at the information the historical trends I have my own beliefs in terms of what's going on in the market and I add my own flavor if you will to that.. that's where I come up with my price targets my entry points my exit points.. it's not an exact science so if you can get close that's a win.
in other words you did good by selling it at 7:00 because it's down $2 but if you like the company you're able to buy 40% more now that it's falling with the same amount of money and build a larger position if you choose to do so
ASteffie 10baggerbamm OP :
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