If you buy a value stock and you understand you're not
chasing the high, the price you go in at consolidation stage and the
most important you know that, this company is generating profit, healthy
cash flow and debt, and business is growing. But the price is going
down further aftet you bought in.
Should you sell it or CUT LOSS?
Should you sell it or CUT LOSS?
My answer is NO, keep it. You bought the right stock, the only mistake you have made is ONLY buy at wrong timing. As timing is most difficult part in stock investing, don't expect you can perform perfectly. I would say this is very difficult or impossible to get it right at the right timing. Or merely you just a lucky guy bought in at the right time not because you're smart.
Therefore, keep it simple, admit the buy mistake in wrong timing . You will also soon to know the most difficult is selling timing. This can happen when you see the gain, but next week it wipe out completely.
Believed for value stock, the price will will grow. It just a matter of time only. Invest in patience, profit from patience.
