If you look at the market - it consists (for any stock) out of thousands of individuals like you and me. Some of them are investors, they look at the fundamentals, buy what they think is cheap and look at their investments after some years again. Many however are traders, and some of these do overcommitt themselves. These are the nerveous people - and they might react (sell or buy) based on any post on this or other forums, based on any announcement, based on any news article and based on any jitter in the share price. How would anybody be able to predict what this market is going to do next?
Predicting what the shareprice will do in the short term is like trying to predict in which direction a herd of wild horses will run on a plain without fences if somebody discharges a gun .. Predicting what they will do in the mid term is easier - they will look for the green meadow and they will certainly return to the water.
I'd propose you just sit back, take a deep breath and calm down. Look than at how much money you can afford to lose (if things go wrong) and determine what diversification you need and what stop losses you should set. Determine as well your value of this company - nobody I know has a crystalball which works, so better use your own estimate instead of relying on other posters in an anonymous forum.
If, based on this exercise, you think the company is undervalued (I do) than just relax, buckle up and enjoy the ride.
If however you think the company is overvalued, than you should sell.
But whatever you do - I'd recommend you look at your trading / investment strategy - No potential gain is worthwhile to risk it all. Invest only money you can afford to lose - and diversification combined with some stop losses and lots of discipline should do the trick.
Wishing you good luck on this path - investment can be fun!
BIN Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
