I am in a similar position to Steve93 in that I have sold some...

I am in a similar position to Steve93 in that I have sold some of my shares recently, but am hopeful of a price-reversal soon.

For me it is just about risk management and trying to be responsible with my hard-earned $$$. I have been averaging down from the early 3's since early last year, but am still in the red more than I felt comfortable with.

I guess we all have our own strategies and trading rules, and some are more easily spooked than others. At the end of the day we have to be able to look at ourselves in the mirror and be happy with the choices we make - whether we decide to buy, sell or hold.

Ideally I would have felt comfortable to hold on to all my holdings (not a huge amount by any measure), or even buy more and average down my price even more, but I know that I have made the right decision - for me, in the current situation I find myself in.

It might bite me in the bum, but so be it. It wouldn't be the first time hindsight as made me look foolish!