Q: Good morning 5I.
My question concerns when to sell a stock that is at a loss and move the money to a better holding.
I have ridden some stocks right into the ground. Guestlodgix (GXI) for example 100% loss. On the other hand I have sold losing stocks only to see them have a miraculous recovery. Lumenpulse Inc. (LMP) for example which may have been an exceptional case was bought out right after I sold out.
Fortunately I have very few stocks in a loss position, due to your great service, but wonder should I cut my losses and move on or should I hold on for an eventual recovery? Specifically:
Aritzia (ATZ) down 12% (which in fairness you to told me not to rush into)
Currency Exchange International (CXI) down 20%
Highliner (HLF) down 18%
Stantec (STN) down 5%.
What do you think? Stand pat or fold?
My question concerns when to sell a stock that is at a loss and move the money to a better holding.
I have ridden some stocks right into the ground. Guestlodgix (GXI) for example 100% loss. On the other hand I have sold losing stocks only to see them have a miraculous recovery. Lumenpulse Inc. (LMP) for example which may have been an exceptional case was bought out right after I sold out.
Fortunately I have very few stocks in a loss position, due to your great service, but wonder should I cut my losses and move on or should I hold on for an eventual recovery? Specifically:
Aritzia (ATZ) down 12% (which in fairness you to told me not to rush into)
Currency Exchange International (CXI) down 20%
Highliner (HLF) down 18%
Stantec (STN) down 5%.
What do you think? Stand pat or fold?
Q: Good Morning,
Any comments on the bid to take Lumenpulse private? Seems like a pretty good offer to me although I had great long term expectations for this company.......
Thanks as always,
Rob
Any comments on the bid to take Lumenpulse private? Seems like a pretty good offer to me although I had great long term expectations for this company.......
Thanks as always,
Rob
Q: How does LMP look now to take a position ? Thanks, Paul