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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Junkyardawg who wrote (20707)2/29/2000 8:39:00 PM
From: Don Pueblo  Read Replies (2) of 63513
 
I think if you bought it to play a few days and it went the wrong way you should get out.

Nothing is worth the daily mental anguish I have experienced when I held a deal longer than I planned. Eventually the stock will do one of two things if you want out: come back up to about even and you bail out, or tank and you bail out with a worse loss.

Cut the loss and move on unless you want to have it when you retire. Naturally it will go up right after you sell it. That's the way it works.
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