RE:Down 20% in just 2 days lolFirst of all, I suggest you review your math and use actual numbers. You risk being outed as a misinformation alarmist otherwise. In CAD, it reached a peak of 4.68$ 2 days ago. It would have had to drop to 3.74$ to drop by 20%. Let's start from Feb 16 instead where it peaked at 4.88$, giving you a chance here, but a 20% drop from that would be 3.90$. It closed at 4.25$. In either scenario, that's not a 20% drop. That's a 12.9% drop from it's peak on feb 16th. Incidentally, it also rose by 10.5% in just one day between feb 13th and 14th, and by almost 20% from feb 13 to that 4.88$ peak above. So to reiterate, it hasn't fallen by the 20% you claim.. but it did rise by almost 20% recently and in a similar window.
For being in one's right mind, I often wonder about exactly this, but for you. The answer almost entirely depends on your investment window. If you want to cash out, you'd be taking a huge risk by waiting 2 days to see if, though you've reached your target price, you hold on to it to see if you can greedily get a few more cents out of it. Strategies vary but wiser investors would cash out a part of their investment at least. If your investment window is 1, 2, 5 years, you'd be invested in the wrong stock if you were genuinely worried about a 2 day drop.
The 2nd dependency is your risk tolerance. This is a common very basic question that gets asked to people buying, say, mutual funds, at least in Canada. Are you prepared to lose all the money you invested in this stock. If you answer no, you really shouldn't be buying this stock at all. There are a number of other attractive investment options for you. If you answer yes, a 20%.. well.. at 12.9% drop in 2 days, when it's actually also shown it can go up by said 20% is no sweat off of anybody's back, at least not if you bought when it was 1-2$.
MHO
B