Why is it disgraceful? Do you blame management for mismanaging the company? The sloppy announcement requiring a retraction? (I'll admit, that was a bad look and unacceptable negligence), the market for being stupid?
If the company is terrible in your opinion, you should obviously sell. If the market is stupid and the 30% drop is unwarranted, that's just the way the market works, get used to it.
If it's just an undefined expression of frustration without a clear understanding of why you're frustrated, you should question why you're investing in anything.
The market is generally irrational and typically overreacts to bad news (and sometimes good news too). Sometimes it stays irrational long term (hence the common saying 'the market can remain irrational for longer than you can remain solvent', though I think that should have been given better wording to make it correct). Generally these overreactions are good buying opportunities as long as you can be patient.
Why did you buy? What's your strategy? Has that changed since the 30% drop?
QPM Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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