Monday, December 14, 2015 2:09:25 PM
PUGE is well off its highs. But we expected this, nothing surprising in the least. If it's painful, it's probably tied in with looking at a portfolio's disappointing performance. But it's just one day and its effect may not be long lasting.
I cringe when I hear that it's a loss only when you sell. How much is your share worth now? The only price you'll ever get is based on its value at the point of selling. But don't tell me you can influence the price through your decision to hold or vacate. The loss is already there in your portfolio! Denial comes in all shapes and sizes. And if we had no choice but to sell this very instant due to a medical emergency, can we blame the poor return on the broken leg or auto accident?
Again, if you believe PUGE is destined to reach greater heights, then this is a time to scale in, meaningfully.
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