Important food for thought.
If a stock falls 90%, it must rise 1000% from the level it reached to get back to the old level.
100€ falls to 10€.
10€ rises to 100€ is a tenfold increase.
If the share falls so strongly and you keep it faithfully the slogan, that becomes already again.
That means you trust the company to be a tenbagger.
Then why not buy more shares? 🤔
If you double the number of shares you hold, you will need a much smaller increase.
1 share at 100€.
1 share at 10€.
-> 2 shares at 110€ = 55€ per share.
Thus only 550% necessary to the black zero.
This is also difficult but more probable and with the Tenbagger from 10€ the money would be doubled.
Thus from my point of view.
Either I trust the share to what and buy after and come realistically back into the profit zone and more or I trust her nothing more and sell directly, saving me time, money and effort.
Had so far 2x a grip on the knife or slump by over 90%.
Once Steinhoff, once UMT.
Both times mismanagement.
With both I believed in it.
Fortunately, both times went well.
I bought the first Steinhoff share at 1.20€. Low re-bought and am therefore at 0.24 € without loss out.
Well, then at 0.19 € back in and now at over 60% in plus 😄👍🏼
Core of the message, get rid of your bodies or buy after.
Simply hope that -90% again black zero is really troublesome.
If you believe in it re-buy then it goes quickly, if you do not believe in it Ciao and welcome loss offset pot.
Have currently with Oatly, Nautilus and Readly two values quite strongly in the minus, but believe in both and have therefore already re-bought and would it again with significant countermovement upwards.
How much do you like it?
Buy and hold until the portfolio is cleared? Buy again or sell in case of a slump?
Thanks 🙏🏼😊