Jm ......I feel your pain, bought at 176 just before close expecting a big pop...now I am a long term investor waiting for the rebound.
Shouldn't have panicked, this stock has a history of rebounding.
I believe it will recover eventually
No one goes through several years of investing in the stock market without having some losses in certain stocks. I try to accept this and not be upset. In my portfolio there are some stocks with losses, but overall I am happy with the net profit.
You sold yourself out FOOL. I'll keep some tabs on you when Tesla goes back up which it will. You're on your way to losing all your money if you haven't already. You only lose if you sell. If you have a casino close by go there instead. At least you can do it all in your lonesome without telling the world how dumb headed you are.
((((You sold yourself out FOOL. I'll keep some tabs on you when Tesla goes back up which it will. You're on your way to losing all your money if you haven't already.))))
ANS: My guess is, it will be dead money or worse for awhile.
((((You only lose if you sell.))))
ANS: I used to think like this, but it is a fallacy. Do not fool yourself. You have already lost the money if your stock price has plunged. Your portfolio is worth much less. By the same token, if you are holding a stock that is up $10 a share, you have made money.
I saw AAPL get beaten down from the mid-600's to the low 600's to sub-500
I agree that if you don't have the stomach for the losses to keep mounting, better to take the loss and move on.
Losing a little money is nothing like losing your piece of mind
That thing about only losing if you sell is asinine. If you ever want to spend the money made in the market, of course you have to sell. If the company is taken over, your shares will be sold without your consent. If you hit a margin call, your shares may be sold without your consent.
Would you ever tell the shorts, "You only lose if you cover"? Same philosophy, and it is not sound.