RE:RE:RE:RE:RE:RE:RE:RE:The trouble with bagholders on this sitea) boatload from my perspective. I guage it by percents, not dollars, as I try not to get overinvested in these (former) pennies/microcaps. Done so to my cost with GSI, for example.
b) by no means frequent. I've mostly held, then sold at 20 odd up to 50% profits. I'll buy on a dip and sell some or all of that at 10 - 15% profit. I unfortunately/stupidly sold one account's VMD last summer at a loss and missed out on a great run up. That did cut into former profits.
c) pretty sure all the other guys averaged down as well. They just haven't sold.
d) only chimed in because you excluded the obvious (averaging down).
And even though it worked in this case, I am coming around to the position of one of the Bay St. sages I saw years ago on BNN, maybe Gordon Pape? who said, "No, no, no. Never average down. Restrict losses to 15%, admit you were wrong and sell. Move on. There are always better companies." I'd have saved tens of thousands of dollars overall had I done so and not stared gloomily for months and even years on end at red chunks in my portfolio.