Smart! The trend is down. These others like to "fight the tape". They must have alot of expendable capital. May have been better to have sold a little earlier in this CRAZY market. Good luck.
Why sell now? Buy more when you have a knot in your gut. If the shorts are in control, the stock will spike on a catalyst and you can get out of your cost-averaged position.
You sold at the bottom my friend
Stupid hedge funds get busted but don't know how to take losses and move on..Let the stocks go up based on their fundamentals.