RE:Understanding shorting sell and CXRIf you hold a full position already, never add to your losers. That should never be an option.
I would hold on since fundamentals have not changed. But if you are uncompfortable i receomend you to sell half of your position. Do not let stock market take control of you. Your health comes first.
Fundamentally, it is still a strong company. The stock chart is just too ugly. Somebody is selling. Let him finish. Stock will recover at the end of it.
Another recommendation is to sell some cxr shares and diversify into other healthcaer stocks. Everything pharma related is on sale right now. I think the fear in pharma is overplayed. Most of these companies will survive and be just fine at the end. People still get sick and take drugs. right?
Also, if this stock bounces back to $60. I think you should hold on. There is clear sky after $60.