Seasoned, intelligent investors know when to cut their losses and move on, they know when
to let their profits ride, obviously neither of you have a clue. The mere fact that both you ignorant losers persist in hanging in there with this mangy mutt even after losing anywhere from 80% to 90% of your capital tells me you're no geniuses and that you both have infantile minds with barely developed cognitive skills. The plain fact that you ignorant nimrods embark on baseless attacks on other, better educated investors with far more experience than yourselves proves to me just had stupid you dipsticks are and how it must hurt you to realize that both of you must have done a multiplicity really stupid things to get to where you are today.
...so where do you put your stops...8%, 5% or do you do D/D on the daily trading range and let that determine your stop-loss amount? Some guys say 2% no matter what but that will only get you stopped out in most cases. I emailed IR for 2nd time but expect no response. CMFO I am afraid is a sunk boat.
When a stock is trending up (making new highs), I normally look to exit when the uptrend line is violated. With stocks that are trending down, I always look to get out on any bounce any time it makes a new 52 week low. Regardless, whenever a stock I buy drops 15% to 20% from my entry point, I'm ready to call it a mistake, cut my losses and move on. Generally speaking I'm far more willing to average up than to average down, most of the time I've found averaging down to be a mistake.