RE:Lost 300KFlyingup wrote: Im out
Sorry to hear about your loss here.
But, can you please explain why you would crystalize your loss here by turning a paper loss into a real loss? Especially since most people know it's only a matter of time until this stock recovers, considering all of the assets it has in place. The only way this company ends up failing is if the entire MJ sector is found to be nothing but hype and the whole kit and kaboodle goes down the toilet.
I simply don't see this happening longer term and as such, feel that you would have recoup all of your paper losses simply by holding longer term. Now, if you had brought your shares on margin or something like that, then I would totally underwhy your rationale to sell.