Maserati wrote:Underwater on that now too. Savage day!
At the risk of attracting criticism from our resident doctoral scholar, I will say that the past is entirely irrelevant now.
What you paid for that stock in the past needs to be forgotten, and has no bearing on how you should think about it or what you should do with it. The only important thing, relative to how you should behave about that stock, is what you think it will do in the future. If you think it will most likely appreciate (over some period of time you want to hold it), you should keep it. If you think it is most likely to depreciate over a period of interest, you should flick that booger away right now.
We love to talk about how the markets (or individual stocks) have done in the past, and we get (in my idiotic view) way too attached to that. What happened in the past, has absolutely no significance. What's important, today, is what your holdings are worth, today, and what they are likely to be worth in the future.
Igy in particular (where the hell has he been? Was he really banned?) loves to deconstruct the past. That's useless, maybe worse than useless.
That'll be $0.01, discounted from the retail price given it comes from a damaged mind...