You can either hold and wait, buy more shares to potentially average down, or sell now for a loss or hopefully for a break even, or better yet for a profit.
Knowing what to do, depends are your particular situation.
I am so far underwater now with unrealized losses, that I won't sell and I probably won't average down.
I will probably hold long term (if POTN doesn't go out of business) and hope to get closer to breaking even and sell.
Obviously, I would love to make a huge profit, but I don't see that happening. I don't see POTN (a distributor) being bought out.
I don't see POTN profits going through the roof, with so much competition and having such high unemployment, so people won't have money for extras.
In order for POTN to do better, it would take a combination of things.
Winning the court case and a disgorgement, return and retirement of the fradulated shares of stock from the fraudsters.
Along with good products, marketing, sales/profits and clear/easy unrestricted CDB legislation.
Having an overall good economy would help as well.
I could average down here and possibly make out better, but since I've already lost so much (on paper) I don't want risk any more.
