... to get out of garbage stocks. Note to self not to miss this chance.
In retrospect many small cap stocks performed a three wave corrective move from the covid lows - and that is the reason why myself (as many others I suppose) got stuck bagholding shit stocks for years, expecting a five wave move up. But the 4-5 wave never came and instead a 3 year grind has followed, which MAY soon come to an end. While many large caps and major indices are around ATH, the small cap sector is decimated at 99% declines in many names.
Same case with this annoying stock, where I am hoping for a 1:1 leg up for a green exit.
In retrospect many small cap stocks performed a three wave corrective move from the covid lows - and that is the reason why myself (as many others I suppose) got stuck bagholding shit stocks for years, expecting a five wave move up. But the 4-5 wave never came and instead a 3 year grind has followed, which MAY soon come to an end. While many large caps and major indices are around ATH, the small cap sector is decimated at 99% declines in many names.
Same case with this annoying stock, where I am hoping for a 1:1 leg up for a green exit.