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When to pull the plug on an old stock investment?
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Jay NE Ohio
Posted 4/11/2021 12:49 (#8945744 - in reply to #8945403)
Subject: RE: When to pull the plug on an old stock investment?



northeastern Ohio
Spikes - 4/11/2021 09:58

For crying out loud! Sell the damn thing already...It's a loser...Are you in love with this stock?

Number one rule...Don't marry the trade!

There's no room for hope in the Investment and trading arena...

It could take years to recover...don't tie up the capitol with a loser.

Sp!ke  



Spike,
I'm definitely not in love with this stock and I should have dumped it long ago. But hindsight is 20/20. At this point, I'm holding on to it and might even buy another $100 worth :)

I had not thought about selling to show a loss for tax purposes, so I appreciate those that suggested that.

Thanks to everyone.
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