I'm by no means underwater here but I know lots bought in higher. Two schools of thought here and both are useful. I will say however, I would rather be underwater in a position I'm comfortable with vs buying on purely tech analysis. Also I would rather apply tech analysis approach with liquid and well established stocks. Good or bad news on this stock and it will trade accordingly regardless of what a chart says.
But it's different schools of thought that make markets. I have the capital, time and patience and don't worry about fractions if cents. Let's both be right albiet at different points. GLTY
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