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Re: Trod27 post# 11009

Thursday, 06/27/2013 10:11:31 PM

Thursday, June 27, 2013 10:11:31 PM

Post# of 89916
Hi ut27rod. That is always a tough call to make. In looking at the other two it looks like both of them are near their 52 week low. That could mean one of two things and that is that they will start to bounce back on up or they'll continue to head down. Many times people think that when they are low like this they have to bounce. Not always the case and they may very well continue to head down. It looks too like they have relatively low volume.

My own preference when I am in that situation is to sometimes sell a couple of my Plays that I might be down on, pool the money together and start out fresh with something else. Sometimes taking the $ and putting it together and into a more momentous play can get your losses back faster than sitting and holding the ones that are down. Just my thoughts.
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