OUCH!
But I've felt your pain, though I've probably been completely in and out of it at least 3 times in that timeframe.
What pretty consistently happens with my core position is that I'll dump it at a peak (so I can end up owning more of it while keeping with my 20% rule) then buy about 1/4 of it back when I think it's come back down as far as it will, buy another 1/4 later when I think "Okay, I was wrong. *This* is the bottom.", then end up finding out I was wrong again later and buying the other 1/2.
And what's also consistent is that I'll be under water on it for a while, then inevitably be able to sell it for a profit if I just wait it out.
I bought the last 50% of my position yesterday at $5.66, so I'm underwater on it now too, even on my cheapest shares. Average price of current position is $5.82. If history repeats itself, it'll go down about another 30 cents to make sure I feel some pain, then slowly come back up to where I've got a 10% gain I can't resist pocketing.
Volume about 60% higher than normal today, but its volume does fluctuate quite a bit, so I don't usually read much into its volume. Though I know the folks who work solely based on TA sure can't be terribly bullish if it popped onto their radar by losing 1 1/2% on 60% higher than normal volume.
Edit: Though I really don't trade enough to keep much of an eye on anything intraday, I do keep a rather wary corner of my eye on this one because if it decides to tank for any reason (earnings warning, analyst downgrade), I see nothing in the way between here and zero.
AI
