I got in around early Jan. of 2009 at purchase price of $17.50 and since then it went down to around $6.00. I am happy that it has been in upward trend for about a month or so and now it's around $16.40. Should I continue to hold and hopefully it will make some little profits for me? With stock market keeps doing really well since middle of March and it has risen quite a bit, it's tough to stay put (either sell or hold).
I would hold until you made some money on your purchase. At least 30%! That would cover those that you made an investment in but did not pan out! Never sell at a breakeven1 That make you venture non productive; but it not your aim to not make money!