I agree with you that some stocks are worth holding long term...

I agree with you that some stocks are worth holding long term and some not,depending the level of the debt and its liability towards their debt. Typical example is AFG and ABS,they were stock darling before 2008. They were expanding too much and too fast causing the companies to collapse due to overexpanding in the wrong year. When I realised that,I have lost too much money on it. Another thing is to watch out if the company is cutting its stuff or selling assets. It is the sign that the company is in trouble. The final thing we need to look at is the levelage of the debt to equity ratio if it is more than 40%,we need to be careful. Maybe all the good sign for us to get out the stocks before it is too late in the bear market. CNP and CER are lucky this time to get long extension,otherwise we all losing money by now.