RE:So the bleeding continuesRabbits wrote: Where we that wrong...I am still holding and can't sell...$8.00.
history would tell you this is the best time to be doubling down, if you can, as the downtrend is not event driven (bad news, poor financial performance etc) but just general market/sector weakness, short selling, tax loss selling etc.
i would point to Dialogue (CARE) - the Canadian telehealth stock which hit a 52-week low of $5.72 recently and it's now $3 higher. on no news whatsoever, just some lacklustre earnings.
i'm not selling a share until i see some bad news. my investment thesis is still intact. it's painful, but others on this board will remember CRH who also went through a similar slaughter and then they got bought by WELL for an 80% premium.
GLTA