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
