The latest news makes it clear: it's time to cut your losses. The stock has just fallen another 11% today, and it's trading at only a few pennies. At this point, BSX has become one of the worst possible investments out there. The project itself is in serious trouble. Being located right in the middle of the Amazon rainforest brings a host of political, environmental, and logistical challenges. With increasing global scrutiny on environmental issues and tightening regulations, the chance of this mine ever becoming profitable is almost non-existent. This stock is not just stuck—it's headed downhill fast.
By continuing to hold BSX, you're tying up your money in a sinking ship. That capital could be better used in opportunities with real growth potential, instead of being stuck in this dead-end situation. Holding on only adds to the pain of watching your investment wither away.
Letting go now is the smartest decision you can make. Don't wait for things to get worse, take control of your financial future and free yourself from the stress and uncertainty that comes with this stock. You’ve already lost enough, don’t let this be the weight that drags you down further.
It's time to sell BSX and move on to better, brighter opportunities.