You avg. down and you still $2.60 ? If so, ouch! Anyhow, I am stepping away and coming back in the last 30 minutes of market trading today to decide whether I am going to sell any stocks today or not.
I usually do, but for some reason I can;t stop watching this one. I have been averaging down every chance I can, but I have over 100k in the market now and can;t take any more out of my savings. I am fairly young only 26 so I haven't more then 150k.
HEB is on my watch list but I have yet to ever invest in that stock. It is however a volatile stock which could go either way just like PMI could explode any day. It's just terrible because it did not happen in the time frame you had desired just like me.
If you are dreading the performance of a stock, best advise I can give you is to set a good price point for your exit and walk away for the day and go do something fun or something to take your mind off the stocks and you will thank yourself later as you are playing off your emotions right now.
Did you go all-in at $2.60 or something? If not, you could always average down and get the avg. value of your stocks lowered.
20% volume reached so far in 45 minutes of trading out of 6hrs. & 30 minutes. Not bad. If volume trend continues then it will develop more interest from other traders which could put this stock in the green at EOD.