Think about it like this....
Posted on: January 12, 2017 at 09:37:27 CT
Mormad MU
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you bought the stock. It's lost most of it's value. If you sell it now, you lock in the loss. It doesn't look like it can go much lower and you can hang on to it, see if it recovers some value and cash out later. Very little risk of losing more money. No one is disputing that the stock needs to be sold - the question is only when is the optimal time to do it.