If there was a buyer it would have happened by now. I bought in thinking there might be a white knight now I feel nobody is going to jump in to save the co. If this company is going to be saved it will come from management. If not then good night Gracy.
If you sell for a loss it is a tax right off for other gains you had, and your out no more worries. If you hold and they are bought out you will kick yourself. I myself never sweat I will ride it out. Can use the loss to offset gains. Scared money always makes irrational moves.