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Strategies & Market Trends : Value Investing

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To: Sean Collett who wrote (73825)10/3/2023 1:10:52 PM
From: Harshu Vyas  Read Replies (1) of 78434
 
Agree with basically everything your saying except for the fact that QRTEA's just broken its 52wk lows AGAIN! At this point, you're killing your portfolio with one stock.

A book I currently love - The Art of Execution - says sell at 20% losses or buy significantly more. I don't know how much cash you're dealing with but selling seems the wisest course of action.

When a company makes new lows you can be sure more new lows are to follow.

I understand the crazy asymmetric upside potential here but either you have to keep doubling your position every few weeks (which is very costly) or you can throw in the towel temporarily and wait for some support to present itself.

Best,
Harshu Vyas
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