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Umpqua Holdings Corporation Message Board

  • mt1thomas mt1thomas Oct 19, 2007 11:33 AM Flag

    The ? - buy more, hold, sell

    So the battle I am having with myself now is should I buy more and lower my cost basis but this would make me less diversified, hold for a turn around but this will be a long period, or sell and take the loss moving on to another stock or re-entering at a lower price.

    If I was to sell and re-enter I probably should have done that at least a point, if not two points ago.

    I think the best thing to do is hold for the future and collect the dividend along the way. If it goes really low I guess then I should probably buy a little to lower my basis.

    If I sell then I will probably be sorry that I took the loss and capitulated at the bottom or near it.

    It is painful to hold through the down time.


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