Entercom Communications Corp. Message Board

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  • pjv2xyw9dww4b6 pjv2xyw9dww4b6 Dec 6, 2008 1:28 PM Flag

    ETM Down 9%

    a question:

    Should the decision as to whether or not to sell a stock at a given price depend upon its cost basis? (I think not but am guilty of letting it influence my decisions.)

    In other words, if you're staring at a share of TUES wondering whether to sell it at $1.08, shouldn't your decision really be based upon the answer to the question, "Is this share worth $1.08?" instead of, "Did I pay less than $1.08 for this share?"

 
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