do i dump deep hodle or wait it out?

Sell. Use a hard stop, to avoid another hard lesson, next time.

Eeeeespecially if you still contemplate daytrading at some point.
 
mute9003 said:
so i bought a few shares of NVCN back in january based on my knowlege it was on the way up..................

so now i dont have enough knowledge to make a decision
More...
You can now see the advantage of having a plan in place before you execute the trade.

Don't take advise from anonymous poster on the internet.
 
your timing was rather good; you bought it in Jan 2021.

In feb 2021, the price went up very massively.
I doubt you took some profit.

End feb 2021, the price went down very massively.
That was the time to zero out all your long position or at least
reduce your long position.
Don't trade based on hope.
Not worth having sleepless nights for 6 long months.


The good news for you is that
many people (including me) have made thousands of silly stupid trading mistakes before.

From the few sentences you have written in this thread, you have actually made lots of trading mistakes.
Do learn from mistakes.
 
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You always have to look at the situation as it is now. If you didn’t own the share, would you buy 10000 shares in it today?

If not, then sell, and buy whatever you believe in with the information you have today.

Never keep a share just because you made a misstake in the past. Put it behind you as fast as possible, and move forward
 
yes i did lol
then read about them in a book

i did make a few bucks on nvcn back in january then bought it again literally hours before that massive dip because i dont know how to read charts that well yet based on what i saw i thoughght it would continue creeping up but it didnt
 
This is what I do with the health care industry. Most of my positions are in two mutual funds...FSPHX and FFHCX. Biotech and health care are the two biggest industries the US has going for them. I haven't even looked at your company. But what is the bet that one of the companies in one of these mutual funds buys up the technology of your company...For pennies on the dollar in bankruptcy two to three years from now??

My way might be safer in the long run...
 
should i give it until end of october? it looks like the stock rebounds in september from summer slump
to recover some lost profits.
wouldnt it be silly to sell when its already past the lowest point and reversing to an uptrend?
im not planning to hodle until the last day before delisting obviously but from looking at the chart it seems like the september is when the uptrend starts on this stock
 
this is where lack of knowledge is preventing me from making a decision
i dont know if i hit a seasonal dip and this stock among other penny stocks will recover towards december or not
i google and ask questions here but most of my questions are answered with generic catch phrases that i can find allover youtube
 
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