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Re: Anonymoose post# 177171

Monday, 05/25/2020 3:50:50 PM

Monday, May 25, 2020 3:50:50 PM

Post# of 179941
Anonymoose, I see you have already received replies; might I give you a quick rationale for each of them.

Sell: this gives you a tax loss and gets you out from under the stock. It also frees up what money you have left to either spend, save or invest in a company, that is at least reporting their results.

Hold: you can take my friend's attitude of "what do I have to lose at this point?" The stock could make a deal with another company, sales could pick up, or it could rebound in some type of pump.

Buy more or average down: you could reduce your cost per share by buying more and then revert to the hold position. This does pay off occasionally but you are putting more money at risk and could be asking your original question after you buy more.

The primary fact for me would be they are not reporting results. This lack of reporting makes it difficult to make an informed decision or a good argument for buying more.

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