RE: Placing1 Mar 2023 09:39
The stock market is 99% psychology and 1% knowledge and intellect. Crucially it is, necessarily dependent on imperfect knowledge of the facts.
We none of us know what is going to happen. Whether we will run out of cash, whether NiCE will finally approve, what will happen to the FDA submission, whether there will be a takeover, and it is good that we don’t because the in the uncertainty lies the opportunity.
This board demonstrates how psychologically difficult it is to be the long term holder of a volatile stock and to be under water. It is the hope that kills you! This explains the nonsense and piffle that we read on here.
I’m a trader. To me this a fantastic short term trading opportunity. I can’t see how NICE doesn’t approve, how we don’t get an FDA submission, how we won’t arrange funding in good time, and I’m prepared to take the risk that I’m right and something good happens.
The medium term (by which I mean the next few weeks) will in my view off me the opportunity to take a good profit. But I if it doesn’t so be it. I’ve lost money before and will do again.
I guess my question is, why the angst?
And my observation, get it under control and don’t let it affect how you buy and sell this stock.