Share
2,647 Posts.
lightbulb Created with Sketch. 286
clock Created with Sketch.
30/10/17
23:43
Share
Originally posted by MikeyMatty
↑
I would like to know what others think regarding the worst case scenario for the SP? I hold and do so at quite a large average. Today has been terrible, in fact the whole weekend has been. What do holders think, 9/7/5c? I don't want to sell but need to be realistic here. Do I cut my losses (and notch a loss for tax) or ride out the storm. I was planning to be a short term holder initially but this is starting to look more and more like a LT for recovery purposes. Keep thinking it's only a paper loss/gain until sold also. Some roller coaster!
Happy to hear all views because at the end of the day we are all here to make money.. (1st post lol)
Expand
You can offload after open and take a massive loss and it"s over and done with. Or you can slowly derisk during hype phases. All penny stocks will go thru hype phases...