My decision to stay long is looking good so far.
No change in plan.
Chart looks fantastic.
Some nice volume going through today at cross trades.
View attachment 1186734
A great looking chart.
Chart wise, I think a run up to 36-38 cents or even 40c
depending upon the quarterly report or update, before any kind of mild pullback.
View attachment 1186740
Chart wise and aligning the fundamentals .....the direction of the share price is up so far.
Go DRM......got to recoup losses elsewhere. In my seven years of trading/investing this stock has given me the least pain so far. Perhaps the timing was good. But I am sure there are lot of painful holders who got crushed last year. I don't think this will ever see $1 dollar at today's conditions but if the company starts firing all cylinders....50-60 c level can be achieved once again. But never say never in the markets.
Anything can happen. I never ever imagined SBM would see $5 in my lifetime or else I wouldn't have sold my million+ units for peanuts. I thought I made great money around $58K and was happy to sell out.
Now looking at SBM price makes me feel so small and miserable.
So I hold unto dogs for a bit longer these days.......however one dog almost chew my leg off.
