This is not a stock to buy and hold. It's a stock to TRADE. Buy on the downside, keep adding as it drops and sell when it hits $9.00-9.30 a share.JNJ is a holding stock. SO & SCG ditto. EPD of course!! CLX, GE, LLY, MO, PFE PM, WM, WMT are all buy and holds in my portfolios. There are a bunch more that are strictly trading stocks and a couple that are just plain dividend stocks.
If you're going to stay a 'long' in this stock you should switch it for PSEC (which I do not own). Goes nowhere over long periods of time but pays a dividend!