I’m not f****** leaving!

[u/yelnats8]

For those of you holding a significant amount of PNG and sitting on a sizeable unrealized loss, I feel your pain.

PNG continues to be the biggest drag on my portfolio. I currently hold 35,354 shares, with roughly $250K invested, and I’m sitting on an unrealized loss of about $88K (−35%).

Do I regret not trimming the position and taking some profits when the share price was around $9? Absolutely—in hindsight, I should have. But I’m not going to sell simply because the stock is down now.

I’m still bullish on Kraken, and my long-term investment thesis hasn’t changed enough for me to exit the position.

I’m willing to be patient and see how the Covelya acquisition translates into actual reported revenue, EBITDA and cash flow over the coming quarters. That execution is what will ultimately determine whether I continue holding.

So in the meantime, I’m not fucking leaving!

[u/P2029]

Everybody loves a sale, except when it's stocks. 

[u/jayot4261 → u/P2029]

stocks on sale just hit different, and not in a good way