you forgot ppl like me who have been long when the company was trading around 8 bucks saw it come crashing down and then we just cashed out feeling like our money is being wasted sitting in this company and trying to recover so we sell and move on..how we hate the management because of teh potential business that they had but instead of trying to move it forward they are trying to figure out all the glitches and still not making enough sales to cover the costs and thus making this company a POS!
I am not short on this company or anything nor do I have any positions but until they start getting their act together I would stay out. Come back in IF they lose their management. I am sure Teletubbies could run the company in a better way then Mr. Gildea!!
Noone forgot about you, you ain't worth mentioning, you should have accepted your poor trading years ago, and took another position or moved on, rather then still have the mental agony of a poor decision you made. sunk costs are apart of a business as such, u bought into the early hype and the $8 reflects the hype not the opportunity. Current price reflects entry point for growth for large sunk cost production. The time is now, you obviously have that as a gut as thats why you are lurking here now likely. Im not saying this will get to $8 anytime soon or ever, I am saying this is buying time and growth will happen soon if it were to happen ever. Exposure and market share aren't over night (except maybe for tech), it takes time, not shortlived hype time, but long good product producing results time. A) get over the past and move on B) jump in the game and see if what you believed in before is still here, but your ego or expectations were off, and you accept that, and still believe in the COIN. Worrying about past lost, is the basics of a gambling problem. Overcome that and take a fresh look, and it will be invaluable in many ways, whether u take another position or not. Having the mind frame of well I lost thousands on this stock and id need to double that to be happy with this, isn't a conducive view, its self defeating and pessimistic. If you feel that this is a good entry point and maybe things are looking optimistic and growth is near, then jump in, but jump in not with expectations of recovering lose, but jump in if you feel its profitable to your suitable degree, not the 'needed' degree to recover loses associated with 'this stock'.
You are telling someone to avoid a .85 stock and buyer beware and you got burned at $8.00,that is total BS.You should have been giving out those warning signals when it was 8 bucks,now STFU and let us trade this penny stock.IMO you should have start warning the short positions that this may possibly have some huge upside(maybe)it is a whole lot more risk going short a few dollars to the upside than losing the .85 down to zero.GOT IT!!!!!!!!!!!!!!
Amen, Cuda and Penn, mdx was all rah, rah right up to the point when Ski and Dono (two of the more learned posters) hit the brakes and began voicing their concerns over management and technology. Mr. Gildea has made some mistakes and admitted as much in one of CCs. Gee, who knew that the digester coatings were going to be an issue? Scheduled completion of the fix is what, sometime in March? Just in time for Spring production (we hope). I'm sure we'll hear more on the Q1 CC. All of this doom and gloom about COIN being a POS company and all is mere fooder for the likes of Remo/Ryder et al. Bottom line mdx, don't risk more than you can afford to lose and if you can't stand the heat, GTFO!!