I held 17,000 shares of NNDM at average of $5.88 USD, totallying $100,000. The price dropped to $4.62 on 23 Nov and jumped by $0.46 (10.87%) to $5.10. I am still seeing a loss of $13,260.
The price jumped due to the release of favorable 3Q results for NNDM. See this
report.
The current price of $5.10 still show a big drop of 72% from the peak of $17.89 during the past year.
The cash per share of NNDM is $4.86.
I am holding on to this stock and will sell it when it reach $9.00. Hopefully.
I held NNDM previously and realized a profit of over $50,000 when the stock soared last year. I am quite familiar with the prospect for the technology of this company. I considered the current price to be grossly undervalued.
Note - This is my personal view. I am not giving investment advice.
Tan Kin Lian