I have been investing in a real estate stock that has been climbing and climbing for many months. I was recently at 30% return.
Today, I checked and it tanked. I lost over 25 thousand dollars overnight.
I know what I am going to do, but just curious on opinions. Do I sell, so that I don't lose anymore if the stock continues to sink? Or do I hold it out in hopes for a rebound?
Thinking long term here, no short sales or quick flips. Market is to viatol for me to play with.
Today, I checked and it tanked. I lost over 25 thousand dollars overnight.
I know what I am going to do, but just curious on opinions. Do I sell, so that I don't lose anymore if the stock continues to sink? Or do I hold it out in hopes for a rebound?
Thinking long term here, no short sales or quick flips. Market is to viatol for me to play with.