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

[Scataphagos]

You might do that but I wouldn't say it was the best play.
Not much different from throwing a dart to pick your next stock.
If you wouldn't buy a stock why would you hold it?

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.

 

[deaddog]

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.

Exactly!! It's a lot of mental capital lost>

 

[jys78]

Sure. Dump 'em all. Buy back once they've recovered.

 

[Scataphagos]

Exactly!! It's a lot of mental capital lost>

You may not recall... but Citibank traded at $.98 in 2009. Citibank for Christ's sake... trading like a penny stock.

 

[Scataphagos]

Sure. Dump 'em all. Buy back once they've recovered.

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.

 

[Millionaire]

Sell them all.

Then stay out of the market until the next bull market starts.

 

[treeman]

Hope is not a strategy.

 

[treeman]

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.

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.

 

[deaddog]

You may not recall... but Citibank traded at $.98 in 2009. Citibank for Christ's sake... trading like a penny stock.

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.

 

[Scataphagos]

When you have no plan, you dump them. Otherwise you're an investor.

Ahhh... the definition of "investment"... is a busted trade. -- The late, great Ed Hart.