LogFAQs > #950198796

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Topic	Stock Topic 19
Colegreen_c12 02/02/21 1:29:25 PM #124:	Xiahou Shake posted... News to me! Seemed at the time like everyone was exciting to be buying the slight dip down to $13. Well, I guess I'm already locked in. No real choice but to see if this bounces back. To be honest you should be figuring out what YOU think a company is worth and what it will be worth in x years if you plan to hold it that long before getting in. If you think its worth more than $13 you should be content to keep holding. If you think its worth less you can either gamble and hope it goes up short term due to momentum or start trying to cut your losses by selling covered calls to bring your cost basis down while volatility is still high. --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:950198796] in Stock Topi... [t:79272609]...</cite> <quote>Xiahou Shake posted... </cite> <quote>News to me! Seemed at the time like everyone was exciting to be buying the slight dip down to $13. Well, I guess I'm already locked in. No real choice but to see if this bounces back.</quote> To be honest you should be figuring out what YOU think a company is worth and what it will be worth in x years if you plan to hold it that long before getting in. If you think its worth more than $13 you should be content to keep holding. If you think its worth less you can either gamble and hope it goes up short term due to momentum or start trying to cut your losses by selling covered calls to bring your cost basis down while volatility is still high. --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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