RE:Unlucky-please answer these questions I sold ten percent of my position at $4.10 and sold another 20 percent at $4.22 but immediately bought it back thinking it would go up but I was wrong . My Father has suggested I sell some of it or all of it now and just take the loss. It's psychologically disturbing to sell at $3.80 when it was $4.30 two weeks ago. RBC was also blindly wrong about the share price. They had a worst case scenario of $10 and the stock went to 30 cents. 50 times I could have sold and rebought back in lower. I think the stock goes to at least $3.50 or $3.30 here and sense and knew that at $4.30 this would happen after earnings fell flat but couldn't pull the trigger.
Ultimately I am going to sell 20 percent of what I have on Monday to stop the bleeding and pay off some debt. So I am hedging and can't fully commit but at least I am commuting 30 percent to my belief that we ar win for a swoon here. I just wish I picked the top of the swoon.
Now my break even is even higher but I have to protect against severe losses.
The SPR has really rocked me to the core and I can't believe this is the straw that will break the camels back.
So to backup my words I am doing so to 30 percent of what I have. Sell, sell, sell!