I bought a European micro-cap with two paths

I’ve bought a European micro-cap that basically has two paths:

either it goes to 0 or it 5x’s.

It’s probably the most convex opportunity I’ve seen in a long time.

The main risk is financial. It’s not a “steady compounder,” or a company you can buy, forget about and sleep like a baby. But after doing my due diligence, my impression is that the market has way overreacted.

I could be wrong, of course. But if the company survives, and I think it can, the current price doesn’t make much sense.