I agree with you Billy, as well.
Sell when xx% down, there are very few reasons to hold a stock unless for very extreme good reasons, but that is rare... especially in OTC Land.
My story:
Been holding like a very minimal amount since 2014, but sold at start of year when we hit near that high, so maybe i have 60k now, lol. *This is still stupid, but who cares with this amount*
What I hadn't sold before the halt... which literally that day PHOT was halted, I was going to sell most of the rest of the shares I had left.
So I held thru the halt, waited a little bit, and averaged down... my advice, dont ever ever do that, very dumb.
I joined the lawsuit and did get like $754 a couple of months ago! I did NOT put that money back into PHOT!
Jump to last year about this time... I actually decided to throw some lotto money at it and boy did I average down... I knew MJ stocks were boing to go bonkers and they did!
I ended up with maybe 1/2 of what I lost now.
Moral of story, if it takes a crap, sell it! Don't average down, dont wait years, just stop. Go back and learn trading in OTC land, find a mentor, and paper trade until you make profits!
Also in OTC land, if you can find a CEO that you can communicate with, talks/ calls you back on the phone with, and you can meet in person... you may have winner. If not, lots of luck like 99% of all OTC co's.
Am I going to buy PHOT shares now with talk of RS... take a freakin guess!
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