PainChek General Discussion, page-17652

I'm in a similar position. I'm not expecting any concrete news until the quarterly report due within the next two weeks, which will show cash flow.

If it's good I'll continue to hold.

If it's neutral but with a good outlook I'll continue to hold.

If it's neutral with a poor outlook I will sell or reduce.

If it's poor I will sell.

I will absolutely not be averaging down. I've never believed the "you only lose if you sell" rubbish. A loss is a loss. Share's don't have any "natural" price that they "yearn" to go back to. There's no elastice for pulling a share back to its earlier price. If your $2 share is not worth $1 and there's no data to support a higher valuation then $1 is what you have. And if your current holding is not the best place for your $1 then move it to a better place.