First China Pharmaceutical Group Inc (fka FCPG)

[pack10]

I'd like to weigh in on your original question. "Should we sell and cut our losses"

The first thing I like to do when looking at investing in a company is a quick evaluation of that company. Is the company a high risk or low risk investment. An example would be, a utility being low risk while a high risk would be a penny stock. Those would be the extremes on each end of the investing spectrum. I then list at least 3 reasons why I'd invest in the company. I usually look at the fundamentals first. So my first reason may be an undervalued condition. New product launch or something along those lines I list as many reasons as I see apply with as I said a minimum of three.

Step two is to buy into the company or move on to another. If the decision is to buy I then decide how much my total investment will be. I follow this method with an ETF as well as a Mutual fund. Generally speaking a fixed amount is decided upon and several purchases are made over time. Once a position is taken I continue watching to see if my expectations are being met. Are they or will the company meet the reasons I listed or has something changed. Set a goal for selling and try to keep your emotions out of your decision process. Very important step but very difficult to do. Do not set your goal on the avg pps. Unimportant at this time. Stay current and evaluate on current conditions

Ok, after reviewing your list of reasons to buy this stock has anything changed? Is the company doing what you expected. Does the potential still exist? Have they done or are they trying to do what needs to be done. Answer those questions as accurately and honestly as you can and your question will become much easier to answer.