KAT Exploration Inc (KATX)

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Selling at a loss is not advisable, What he did by putting a stop loss in place is ensuring an even break at the least, Continuing to watch the share price erode beyond what was paid is not admitting you made a mistake in the trade to begin with and cut your loss,..as you can see this stock has trended down from the June July peak with bear flags and spikes along the way but has not broken the downward trend..I would call that risk assessment and a way to limit his loss.