Quote:
Originally Posted by Jordan's World
Man, I hesitated at a similar buy in. Regret not buying a few shares.
I'll ask this in lay terms as I know nothing, but were you intentionally planning to sell when there was a significant spike? I guess they call this having a short position.
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that's the stock market for you.
Its like going to the casino in a way. You take a certain amount with you and take a calculated risk. You need to set a price when you are going to cash out and stick with it. Its easy to keep wanting to play when your up, and wanting to stick around to 'win back' your losses.
Pretty much all these major companies will bounce back. it may take months, it may take a year, but eventually they will get back to pre-virus levels. Just need to be patient.