sell

Bought at 0.75 and now deeply underwater — consider exit

I'm deeply underwater on this position — I bought at 0.75 and it's been dropping since.

I don't know when it'll recover and I'm unsure whether to wait it out or cut losses.

Source available for registered users Sign Up Free

Analysis

The trade is currently loss-making with unclear near-term catalysts for recovery. Staying exposed risks further drawdown; if the original thesis is invalid or risk tolerance is low, holding may not be...

Recommendation

Consider trimming or exiting the position to limit further losses, set a clear stop or re-evaluate the thesis; only hold if you have strong conviction and a timeframe for recovery.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: