I can’t wait to see if my automobile supplier can dig itself out of the hole it is in.
I obtained 10K shares of this stock a couple of years ago when it was at $20 a share & have patiently watched it erode all the way down to 22 cents a share because of production delays & financing problems.
So now do I sell? No way. All I can do is hold now & hope it rebounds, as they are finally building cars & hopefully going to start making currency finally. My $200K is down to $2K, & Heating, Ventilation, & A/C tech work is back on the table as I can’t touch that currency for truly years to come. I wish I never obtained the stock but it is too late now to turn back, so now I just have to wait & hope. I worked for a long time in the heating & cooling industry to make that currency & am not going to lose it this way, so I’ll just keep my head down & keep doing my air duct cleaning jobs & a/c filter sales & see what this automobile supplier is made of. I truly don’t suppose they are going to let 10 years of work & billions in loans just slip out of their hands without a fight, so now it comes down to patience & more patience! My Heating, Ventilation, & A/C rep dad constantly told me that I gotta learn to relax, so now I am heeding her advice & relaxing while I just do my cooling specialist jobs each afternoon & let time float by.