Subu, I don't know the answers to your questions. A given daily stock price in general, and GMGC's in particular, is always a mystery to me. I'm a lousy trader.
So I invest based off what I know - science/engineering fundamentals. Find a firm with great latent value, and then buy and hold until the market recognizes that value. It's my judgement that GMGC is such a firm. These daily fluctuations don't add or detract from that assessment.
So, unless something changes on the engineering/value front, I won't sell GMGC, no matter how low it goes. Why should I? Instead, I'll simply wait until I can net another 100k return. Sooner or later, this is the most likely outcome.
But, in the interim, GMGC could do almost anything, include hit $1. And certainly there are "hotter" stocks to chase at the moment. Good luck.
Sea Otter |