If you know your stock, you hold through these times with resolve. If you didn't do your DD, then you panic - and that's where people lose the most money. Ask yourself this question: if you try and hide through these tough market times, how are you going to know when to buy or sell? Do you really think you can make a correct market call twice? I've been adding on the way down, I'm out of dry powder, and I'll see you guys in the spring. Adios!
Signed - Holder of 32k shares of IDRA at $2.92 average.
I see the point you're making, but be careful comparing prices of two very different stocks. Sure, Sarepta is trading in the high 30's with the hopes of one single drug and Idea is trading in the high 3's with the hopes of two entire platforms. But IDRA has 118 million shares outstanding while SRPT has only 45 million. If IDRA were trading at SRPT's market cap right now, it would be priced at $14.40. Sarepta has a low share count because it did a reverse split to remain on an exchange, I think it was one share for six. Anyway, look at the market capitalization and share count for stocks to get the true picture, not the share price. And I am long IDRA with 28k shares at a $2.98 average.