Dec. 24 at 10:28 AM
$NISN
Yesterday's third announcement gave me a clearer picture of the situation.
Transparency is needed, and it seems the new Top Management is working diligently towards the right steps.
I think I can take a bigger bet on the company and increase my stake accordingly. The previous book value was
$45.56, and let's say the company will lose
$3 to
$6 due to this correction, in exchange for a high profit margin through AI at the current price of
$1.405. Therefore, the fair price in the future might be insane. So, I'll put more cash into
$NISN and forget about this investment, just as I did previously with
$PLTR at
$9.50, when Cathy Wood was warning against it, and it didn't stop until it reached
$207.52. Note that my average in NISN has dropped below
$3, and I'm aiming to reduce it to
$2 or less. This is the advantage of buying in installments after every significant discount.
