(@Fedi00) on getquin

2Mon·

Guys i want your suggestion on this.

I invested a little less than €500 on $DRO (-0.33%) and i'm currently losing €170.

I don't need the money right now, but at the same time I'm not sure to keep this position hoping to at least break even.

Nobody can predict the future, but do you think it is better to keep it for a while or just sell and forget about it?

Thank you guys

12 Comments

ZeroIncomeStrategy@ZeroIncomeStrategy

2Mon

Keep it in your portfolio forever as a reminder not to buy hype stocks ever again. Or maybe it will even recover, who knows.

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krusty@theclown

2Mon

As you said already, nobody can predict the future 🔮

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DieEnte7@DieEnte7

2Mon

I‘m very doubtful on companies like that, if something gets such a hype on social media that‘s always a red flag to me. Like, if every Jack or John who lives on the west coast of Britain is suddenly sure that this Australian defense company with under a billion market cap you never heard of before is „the next big thing“, that sounds fishy to me. Jack or John may be right, but they could easily be wrong, too. In your case, I would ask myself the questions
1. How bad would it be to lose more?
2. Is there a stock you consider to be more promising?
3. Do you have a deadline or can you wait longer for it to come back?

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Ekrem@OnlyEko

2Mon

so it was just a gamble for you? because it sounds like you are not really convinced about this company, if you are considering to sell at a loss. If you are not convinced then I would just sell it and invest the money somewhere else

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