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abuzade, for what it's worth,I fully understand the dilemma, and most of us here also understand.
It's very easy to buy, but always hard to sell isn't it!

Selling above your price, you worry about leaving more profits on the table if the price keeps moving up.
Selling below your price, you lock in the loss and worry about the price rebounding.

I'm no guru or sage, but I thought I might share my humble thoughts on this matter.

Unless you are an active trader, I believe you need to forget the profit/loss thoughts above.

If you are an investor, look at the fundamentals of the company with a fresh and unemotional eye.
Ask yourself:
Do I consider BSL value at 70c and would I invest X dollars in BSL shares at 70c.

If the answer is yes, then hold X dollars worth, and forget about any short term fluctuations unless there is some change in those fundamentals.

If you don't consider BSL value at that price, and you would not invest any dollars, then why on earth hold, because investing in BSL is exactly what you are doing.

What you are really looking for is that 70c to be worth $3.50 again, but that doesn't have to happen with the same stock that got you down there in the first place.
Whilst BSL might get you back there again, how long will it take, and can you get there quicker in another sector?

Invest the money anywhere you feel delivers better value.

I know, easy for me to say, not holding any BSL, but believe me, been there, done that.

Good luck with your investments, whatever you decide.
Cheers