Hang In ThereI'm embarrassed to admit that I am down 50% or more with these 4 companies: CRE, FL, LAAC and LAC. Are there any with good rebound potential that are worth holding onto? Can you provide a short reason why for each.
CRE: sell. Too small, negative momentum. It has some cash but the sector has struggled and there is not enough here to take the risk. FL: largely the same reason. One needs to decide on sector exposure and if so we would prefer larger companies. LAAC hold. debt and negative cash flow make it risky, but production is set to ramp up and it should be profitable next year. LAC hold. $400M cash and worth holding if one wants sector exposure. It has been beaten up badly but in a sector rally should do better. (5iResearch)