You sold, and yes, the price kept dropping, and you saved some money by just doing that. Now you want to look like a genius, but what if right after you sell your shares the company gets sold too? You know, this is the kind of company that can be bought any day by a major player, and by selling your entire position you risk not to participate in the move. The fact that you sold your entire position that doesn't make you any smarter than those who kept their shares.