Lifeist Wellness Inc (NXTTF)

[Scout72]

Why would one sell for a loss and then “get back in”?

Why not average down and leverage the low price to get you to a place that allows you to not realize the initial loss?

IMO the only time you sell for a loss is to offset capital gains. But, if this is the only stocks you invest in, you don’t have that option. Diversification is key

And- if you “know” it is going “down down down until Q3”, why not take that info to hedge against potential losses (high cost lots)

I guess to each their own but I dont understand the thinking