Why are you still holding at $3.50? Take some off the table
Look, maybe you don't like what is happening to your stock. But instead of sitting there quietly, fuming or crying, how about taking a small short position? Sell a position @ $3.50 and buy back @ 3.00. You don't even have to borrow shares to sell short. You can just sell what you own and raise your own cash. This is something you laypeople can understand. Here's what you can look forward to:
The more shares you sell, the more you make! You choose your comfort level. Even selling a measly 250 shares will make you a cool 125 bucks when you buy back at $3. So act today! Don't wait for $3 and miss out.