Replies to post #215901 on Cytodyn Inc (CYDY)

[kgromax]

Your statement is a perfect illustration of the Sunk Cost Fallacy. Thank you!!!

For a long, whether the buy price was $7, $0.7 or $0.25 should not matter for the decision to sell. Otherwise…he is subject to the Sunk Cost Fallacy, a deeply irrational psychological bias triggered by severe losses.