Depends on how deep of a breath each person can take. I'm limited to 4% drops at most, depending on the situation and get back in if it makes sense.
Probably glide down to even, it's already been under-performing and continues today. If it hits $21.45 again, I'll get out even.
You do that and watch the comparison. Stocks that go up the most, come down the most. The key is selling when it get to the top of a channel and buying back in at a lower price. This time it worked for me, so far...sold at $98 and got back in at $95 and $91.
...except that it has happened. I bailed at $98 and got back in at $95 as it seemed that would hold, hopefully it does hold at $90 and I can get back to even soon.
Forward PE only 25, where do you imagine 150 is for?