Hey Tamaruler, I greatly appreciate your post. I’ve sold at losses before, but mostly with blue chips. I’m hesitant to do it at these much lower levels because I know that “imminent” / “just the matter of time” / “spontaneous” announcements can make these buggers jump big time.
I’d rather wait with a loss than sell at a loss only to be trumped a few days later with one of those announcements. As you said, luck / timing can be quite critical - and I don’t want to be caught with my pants again.
But I do hear you - missing out on other opportunities due to a holding can be an expensive lesson. I’ve never done that
I think I’m just cautious with this one as I mistimed my last sell and now I’m getting anxious again!
But you’re right - you gotta be in it to win it.
Thanks.
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