Of course we can drop, as low as 1.65, but the chart tells me this one should surge to 5 and beyond. Though I generally agree with your reasoning on small caps, remember that RCON is a game changer now (see their PR about two months ago).
I've been in and out of that one for a couple of years. It was a good ride, but I stayed in too long. Still, I did get out before the last con-call, so it could have been worse.
I just got back in, but I only have 8,000 shares.
It has some of the worst bashers and pumpers of any of the Boards I'm on. And I have more on ignore than from any other Board.
I hope your 200K are buys that you did after the last earnings report.
I'm counting on it going back to $2 very soon. And then I'll buy in again and get ready for another ride.
Of course, with these little stocks it is pretty likely that one day it will go to $2 and I'll buy in, and then it will go back to 75 cents and stay there for a year.
Maybe so, though it seems incredibly unlikely. But if it does than I raise my glass to you.
I made $.525 per share, which gave me a nice piece of change today.
If you believe you can make $2.50 per share, then more power to you!