Volatus Aerospace Inc V.FLT

WOW

[Newb2021]

I'm new at this and purchased this stock thinking I'd made a good choice....it has dropped 40% since....any solid advice as to weather or not to sell????? Please help

[thepharcyde]

You will find bulls telling you all is fine and bears telling you to sell its going to zero. If you look at the stocks history there is alot of volatility. No bad news has caused this drop and contracts are expected to come in. My personal opinion is it will bounce back up if you give it time. Be careful how much you let internet randoms influence your investing, there can be alot of

[brad753]

Every 10 cent drop below a $1.50 has been an extra thousand dollars put in. I'm appreciating the opportunity to buy from these panic sellers.

[brad753]

That is the problem. There are a lot panic sellers. They bought in at $2+ because everyone was pumping this stock. Now they are trying to escape..buy high.. sell low.. it's the worst decision a trader can make. Too many rookies. They will kick themselves in a month from now wishing they hadn't sold.

[gwilliam]

If you sell now you lose 40%.  Most all stocks cycle so you can be reassured it will go back to where you bought it and even higher.  You can play this a couple of ways.  You can buy more (average down) and reduce your average cost per share and sell when you have recovered your costs. or you can hang on and make a profit.  This is a stock that you know is going to go through