Fair point?? Really? By that logic the worse the manager is and...

Fair point?? Really?
By that logic the worse the manager is and the more they took from you the less likely you are to sell their stock.
If the manager had of managed money really well and avoided the losses (and the SP was now $2) you would sell.

Investing is not an easy business and i'm not really one to tell others what to do but I think you should revisit your investment philosophy and approach with that comment.