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Re: TampaInvester post# 9944

Saturday, 11/01/2014 12:41:18 PM

Saturday, November 01, 2014 12:41:18 PM

Post# of 17001
Many people get trapped by this false logic.
If you invest $1000, and it drops to $300, future decisions should not be based on past events.
You have to look at the current numbers. You have $300. Doesn't matter what it used to be. The question is starting today, what is the best thing to do with $300 ? If you really think it will go up, hold. If not, sell and put your $300 into something else. But do some homework BEFORE buying another stock.

quote
"... I do not think there is any point selling now if am already 70% down. Do not need the money for trading. What is our opinions? Should I sell or keep it?"

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