RE:Please help me No one here in good conscience can tell you where the share price will be a year from now. All I can say is that the chances of bankruptcy during that period are slim to none. Likely will not see $22 for several quarters. I would put stop losses in each time it rises and buy back on dips and hope to make your money back trading the stock. Not easy mind you.
S2hadi90 wrote: I put in all my money into Concordia. My average price is $22. I just want to get out of it. I'm so scared that I'm going to lose my money. If I do I'll be broke. I can't do tax loss because I dont have any capital gains.
I have 4,681 shares. If I sell it at $3.20 . I'll get back $15K. If I buy it at $1 like the analysts are predicting and it goes up to $7 before becomes bankrupt then I'll be able to get my money back.
Anybody experienced. Please help me. That's a ton of money to lose. I feel like dying.