We're all bag holders now, whether we like it or not. Thing is, none of the due diligence has changed. There is still an acquisition only a hair from closing. There is still a tech company that makes good revenue. And there is still the potential of the Alzheimer's device. Selling now is near to a total loss for a lot of us, so the only logical thing to do is to just hold. Set a price alert and walk away.
JACK'S RULES OF TRADING
1. Never chase.
2. Never panic sell.
3. When in doubt, hold.
4. When things are bad, add.
5. Wait for reversals before buying or selling.