That is excellent advice Bob. Too many get hung up on what they paid for the stock. After it's been purchased the only relevance the price paid has is to the IRS when computing a gain or a loss.
The decision about whether to hold or sell a stock is entirely dependent on how it is expected to perform in the future, which is often a changing scenario which must contiuously be revevaluated.
I learned the lesson the hard way, but I did learn it.
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