CI1 0.00% 11.0¢ credit intelligence ltd

Ann: CI1 Raises Capital of $6 Million for Expansion, page-84

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  1. 354 Posts.
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    Hi.
    I think you need to think back to the reasons why you invested in the first place. None of that should really change because the SP is falling.
    If you still believe in the stock, then you could purchase some more and average down.
    If you are not in a position to be able to do that, or think you have made a mistake in overvaluing the stock, then you could hold for a bit longer as the SP seems much closer to the base than the ceiling.
    Perhaps the last case is you sell now as that just confirms your loss. It really depends on where you are at. I've sold at a loss before cos the stock didn't feel right and I was losing sleep over it. This could make sense if you have another stock in mind that your money could be better invested in.
    All IMO only. HTH.
 
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