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traderfjp

08/04/14 5:56 PM

#133337 RE: Logic1 #133322

I'm not saying you shouldn't sell the stock if that is what you want to do but I can tell you that you will never make any real money in stocks unless you give a company a chance to execute. There are many type of investors, such as wing, value, momentum, long term, etc. This stock will eventually have another huge run-up. It may happen in 1 month or in a year but it will happen. It will happen so fast that investors will just watch and wish they had been invested. This happens with many stocks and sectors. The problem is that people watch their stock daily, get bored and then sell too quickly. The other problem is when investors chase stocks and buy too high. I can't predict the future but this stock is way off its highs and looking at the sector as a whole it is holding up reasonably well.