I've got the remaining balance up of my shares on offer at 13 cents (21,891 @ RBC).
My ACB is $1.16, so thats quite a haircut for sure.
I sold around 40k earlier on a couple run ups averaging 28.5 cents. The $11.4k those sales raised and was reinvested in other stocks, and the current balance is up to $15.8k. Still way in the red, but at least moving forward.
I see more upside elsewhere, and the danger of upcoming dilution concerns me and I really have no faith ES can move the company forward.
Its been a comedy of errors over the years, funny if you weren't a shareholder I guess? How many mis-steps can one guy make?
This investment has been an expensive, but well learned lesson for me. Many opportunities to exit earlier, but was influenced by flawed groupthink on AG.
I think Specky's mention of investing where there is little forum discussions is good advice too. A few of my best investments have minimal to no discussion on them. Doing my own DD, and looking closer at the numbers, consensus earning projections and real news from unbiased sources. |
