THESE deadbeat tech stocks are at - 70%, should I sell it or hold?

Discussion in 'Trading' started by Iwilldoit, Jun 16, 2022.

  1. Different decision at different price levels. When you don't stop out at a proper level, all sorts of demons come into play to haunt your mind.
     
    #11     Jun 16, 2022
    nooby_mcnoob and jys78 like this.
  2. deaddog

    deaddog

    Exactly!! It's a lot of mental capital lost>
     
    #12     Jun 16, 2022
    murray t turtle likes this.
  3. jys78

    jys78

    Sure. Dump 'em all. Buy back once they've recovered.
     
    #13     Jun 16, 2022
    murray t turtle likes this.
  4. You may not recall... but Citibank traded at $.98 in 2009. Citibank for Christ's sake... trading like a penny stock.
     
    #14     Jun 16, 2022
    jys78 and murray t turtle like this.
  5. Yeah, "dump 'em all"... EARLY.. when you should. What about when you didn't and now are "late"... and what about "how late"? No simple answer.
     
    #15     Jun 16, 2022
  6. Millionaire

    Millionaire

    Sell them all.

    Then stay out of the market until the next bull market starts.
     
    #16     Jun 16, 2022
    murray t turtle likes this.
  7. treeman

    treeman

    Hope is not a strategy.
     
    #17     Jun 16, 2022
  8. treeman

    treeman

    Sure there is. When you have no plan, you dump them. Otherwise you're an investor. You can always get back in once you have a plan - which includes a stop.
     
    #18     Jun 16, 2022
  9. deaddog

    deaddog

    Cool!! But how about the stocks that never recovered? What if you'd been holding something that didn't recover and you could have sold and bought Citi.
     
    #19     Jun 16, 2022
  10. Ahhh... the definition of "investment"... is a busted trade. -- The late, great Ed Hart.
     
    #20     Jun 16, 2022