I partially cracked under the pressure. I sold enough WEX at 2.15 to get my money out but I left the rest in, (not alot) If it does drop to a buck I am also goingto dive back in to get back up to my original shares but at a much lower average dollar cost
Days of $1/shr. for WEX are over unless they really screw up. Higher revs. should ensure profits to support a much higher price. My bet - we see $7 before we see $1. At $7 they would sell for only about 1X expected revs. which is not unreasonable. Patience is a golden virtue. Question is how many have enough of it to stay for the full ride? Big question is at $7, how are you going to feel about the stock you sold at 2.15?
Im not out I still won WEX and if you look at the posts you will see that I have owned this stock a long time. I also hope it goes to 7 bucks a share. I bought when it was wlet and I will continue to own it but now it is all free shares and I no longer have any of my own money in it, 100 percent profit from here on out so you ask how I will feel... Just wonderful