RYG general topics, page-359

P.S I asked this question if people are averaging down...one Member said yes. Others were silent. I think most did, lost more, and finally bailed as they got more and more bloodied. The stock became a no-mans-land.
I think I gave the same rant at the time.....
If we bought too high and most did, take the loss, preserve capital (rather than lose more...regardless of the "story"), move on with a clear head to other pastures. Otherwise it becomes a Chinese water torture...you can't think clearly about better prospects, and so the error compounds. further. I know. I'm guilty too. BTW, this last bit is called "Money Management".....