I heard Reddit loves loss porn… so much for breaking even this year, but at least I can average down more.

I’m gonna sit on a decision for the next week and just think about this. I’ve defended SOS as a growing stock plenty over the year. But this, this just hit me a little sideways. I think my hasty decision would be to sell. To take my loss. I just also hate quitting on something that could have great potential. That’s the only thing keeping me here right now. Potential. The risk of this company has just increased significantly in my eyes. They finally give us some PR, some positive news. In the same instance they could have easily announced right then and there that they were going to do a direct offering of 90 million shares to raise more capital for their transition to the US. But they didn’t. That doesn’t sit right with me at all. Couple that with their already horrendous communication as a company throughout this year. Now compare that to the communication of other companies that are their direct competitors? It’s not okay. So, like I said, I’ll be taking the next week personally to weigh whether or not I want to keep accepting this kind of behavior as an investor. If we don’t here an explanation of the direct offering within a week, that’s a big red flag to me. If you’re reading this go ahead and respond, let me know what you think, I’m interested in knowing.

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