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re: Bought into a sinking ship stock
Posted on 11/4/23 at 8:42 am to yankeeundercover
Posted on 11/4/23 at 8:42 am to yankeeundercover
You're not getting it at all. If it isnt something you would invest in today, just sell and cut your losses. What you happened to pay for it is entirely irrelevant (except for tax implications.). Your judgement is clouded by blindly hoping to redeem your poor investment decision by holding on longer. You dont have a solid investment hypothesis for why the stock is likely to appreciate instead you're just grasping at straws.
Good luck though
Good luck though
Posted on 11/4/23 at 9:50 am to TorchtheFlyingTiger
quote:
You're not getting it at all.
quote:
just sell and cut your losses.
quote:
Your judgement is clouded by blindly hoping to redeem your poor investment decision by holding on longer. You dont have a solid investment hypothesis for why the stock is likely to appreciate instead you're just grasping at straws.
MOTHER frickING THIS
ALL OF IT!
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