I cant tell you how many times I've heard someone say "If I could only get back to xxx price." If you wait that long to break even, or whatever price target you have, why not continue to hold? Psychology is a huge piece of investing.
Amazon is selling tables? Do I have a choice in finishes? Oak preferred.
Stocks go up, stocks go down. Look at how much it went up. I got a 45% return on the run from 26 to 37. Then I lost part of it before getting out.
If you got in, best of luck. Will it see $35? Hard to say. It's in the dump on an overall green day. If the market dumps, hate to see what happens to biotech.
The whole market has been down the last 3 days, why freak out and rant over "fake recoveries" in a particular sector when everything has been down?
Cost average of $24 aside, it's still down around 18% since the high, and dropping again today. This thing is turning into garbage, I'm starting to doubt the recovery in biotech. I'll hold, but this is starting to suck.