Kachoo
Regular
I don't want to sound harsh but they buyers that jumped on the FOMO have them selves to blame. It's not BRN's fault the price went that high it's done by the same group of manipulators that play the short side. Traders need volitility to make a return either way.Tell this anyone who bought right at / after the Merc hype...
If you invested in the hype you have 2 choices wait it out add if you believe in the product. Second choice sell and never look back. Crying and complaining will not get you anywhere nor blaming on the lack of news. You know on a percentage basis people bought in the 20 cent range to see it drop to 3 cent range and many of these long term holders held out. Maybe added or not I don't know.
Then I remember the old financing BRN did at 6 cents that caused the stock to drop well below that range. Many said why would I buy the share holder PP offering when I could buy on market cheaper. Well many long term holders did buy the CR shares as it was explained tgat their allotment went directly to the company's bank not a traders account. For the record I did not buy as my financial situation was crap. I remember Factfinder stating that this was the better angle to by the CR if you have money.
Well move forward to today the company has a healthy bank account feel confident in up comming revenue to cover costs of operations. This poor market environment has been around now for over 6 months if the Board and Mangement felt that money would have been an issue they would have done a CR again at higher prices likely but they feel confident. Then again I think we have one more LDA round to happen. But the fact remains there does not seam to be an issue.
To lay blame on the company or management for delays that litterly are out of anyone's control is not acting like an adult for your choice and action. Does it suck yes I have bough many times shares in companies that then fell apart I don't even remember all of them unsold and moved on and focused my future on what i thought would benifit me. If you believe that this product is superior then you will make more money in the future when you sell.
I have had trading parcels but have also kept and grown my core shares count over the years. I even have bought at 1.50 I don't come out and blame someone that was my decision. IMO I don't want less then 10 dollars a share and even then infidel that in the long run that's low based on what this product can do and the size of the market that it can reach and even develop.
We are solely responsible for our actions how we behave and how we take on challenges and issues life throws to us. I always tell my kids they are responsible for their action not when she or he did this and made me do that lol.