I'm not a TA guy but I stepped out. There's not enough info to continue holding. There's an ongoing risk to holding a stock, especially if it's going sideways so since there's about 2000 stocks to choose from, it's not hard to find better alternatives. Anyway, it reflects on mgmt. if they're not communicating.
I always have to remind myself that it's not a religion. I can love a company in the morning and change my mind by lunchtime. I like to hold long term if I can but sometimes buy and sell in a day. Have to resist falling in love with a stock because I hold it. I'm wrong more often than right so I keep my individual losses smaller than my gains.
But who knows? One announcement can change everything. Look at KDR.
LSX Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
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