6D·

What will you do with your Intellego shares?

Dear Qetquin community,

In the past few days, there have been a few releases from Intellego about the current situation that the company faces. The stock could get delisted in one week if the company fails to meet the requirements set by NASDAQ. The company shared that they are involving KPMG to do an independent investigation and help them submit the report to NASDAQ.

In any case, the situation of the company is very bad, and from my perspective, all the options are bound with a high risk of total capital loss.

The question I am thinking about is, if the stock gets traded again in the next two weeks, it has a very likely hood of completely crashing down. If this situation develops, do you have a plan for it?

Are you going to sell at whatever price and save what is left to be saved, or do you have any other plans?

For me, I have already taken a very big hit with this stock (was also one of my first investments). Even though I lost a lot, I still learned a lot through this experience, and having it in the very beginning of my time on the stock market has made me way more careful with my investments. I am leaning more towards keeping the share actually and seeing what will happen. I don't believe the shares I have (currently 200) are going to be worth something.

I would love to hear from you!

Regards

7 Comments

PikaPika0105@PikaPika0105

I will only sell if the shares are still worth something. But if I am down 98% or so it doesn’t make any sense. With -70% I would sell.

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Iguessso@Iguessso

@PikaPika0105
Sounds about reasonable :)
I wish us all luck with this

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Iguessso@Iguessso

@Multibagger I would love to hear you opinion on this matter :)

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Chris@Multibagger

@Iguessso I think you can basically learn something from good and bad trades. However, what happened at $INT is, in my opinion, unforeseeable even with the greatest experience. There is little that can be done against fraudulent schemes and perhaps even commercial fraud. If you want to avoid this, you have to rely on well-known large companies such as $GOOG, $AMZN etc. Even absolute professionals on the stock market and analysts have fallen for Wirecard for years.
So now to my approach. I don't know exactly yet, but if it goes down more than 75% after a resumption of trading, I will not sell, depending on the other news situation (are there any business partners at all). Then it will no longer matter. And the patents will exist and maybe another company will buy the company. And the stake was manageable for me. The loss would of course be annoying, but it wouldn't jeopardize my overall project. As I invest a lot in small caps, I limit the stake to a maximum of 2.5% of the portfolio volume. In this case it was 2%.

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Iguessso@Iguessso

@Multibagger
Thank you for the input. I have already stopped thinking about this loss. I see it as a learning opportunity. In my perspective losses are kinda of imminent, I just accept them if they happen and try to make the best out of it.

As for Intellego, I honestly would do the same, if I see a huge crash of current price, I would not sell and rather wait for a solution to happen somehow (Then selling these shares for like a euro or less makes somehow no sense at all. As a doctor, I really do see a place for their products in the healthcare sector. The problem of infections caused by sterilization-issues is actually big. I do hope with new leadership in company they can somehow manage this hardship and steer it to the best probable out come.

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doyoueventradebro@doyoueventradebro

i sold immediately when the news broke and ate the loss. this was unrecoverable news so I didn't wait...

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Iguessso@Iguessso

@doyoueventradebro nice move!
As the news broke out, some parts got me a bit confused. My understanding for revenue is money the clients owe you so it didn’t sound so off to me that they have added money to their statement they will receive in the future. But hey, I am on the stock exchange since September of this year and I couldn’t have predicted it :)
Next time hopefully I will do better

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