Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (40175)	11/19/2010 4:22:14 PM
From: Paul Senior	Respond to of 78748

Being in these situations is discouraging. Because it seems likely that we'll never get back to break even, given the very high cost basis in relation to low current price. So there's always the nagging feeling to just cut loose, take the loss, and move on. However, past is past, and it's a matter of what'll happen in the future. If there's some belief the stock might do well going forward, then that's a stock to hold on to, regardless that we might never see break even. That is, with DPDW, if business does stay okay or get better, DPDW is a nickel-dime stock that could double or triple or better. In that case, holding it could be better than selling out now and risking those funds elsewhere. (All this you know. I just felt like writing down my observation/tactics with these severe losers. -g-)