I have been a holder of DSK for around 6 months.Retail,...

I have been a holder of DSK for around 6 months.

Retail, especially discretionary, is a cyclical industry. There are lots of other retailers like Mosaic brands etc. whose share price has plummeted in the last year on the first sign of weakening sales. However the company itself looks pretty solid, with positive EBITDA and sales holding up - although the costs are rising as we can see - and is even expanding.

We aren't fund managers having to show performance every quarter or six months. If you invest and are not simply swing trading, you look at time horizons across a cycle i.e. years. It may or may not reach $3 again but my average price is a lot less than that and there is certainly upside to this. I am happy to keep dollar-cost averaging until it either goes up again or something awful happens to the business itself that changes my thesis for investment.