RE: Down and worried9 Nov 2020 20:39
Bro, first I shall remind you that everybody took a strong kick in the guts today. Frankly it was hard to stomach. All investors in corona stocks are still shellshocked. (But in the process, rampers got what they deserved and then some, divine justice is real !)
Now you must give serious consideration to your investment in this stock, because very soon you'll have to make a hard decision :
- cut your losses, but still lose a lot of money...
- ... or continue with this stock in hopes that at some point it will perform in line with your expectations, but with the possibility of losing even more money, and with the continuous emotional toll that comes with this risk.
There's no good choice. As an investor you're now burdened with picking the *least bad* choice.
It's painful, but part of the journey.
To make that painful choice you must think rationally. You must ask yourself if you truly believe the company can deliver, which comes down (as I've always said) to trusting GDR's management. Such a belief is formed on past and current performance. Are you satisfied with these parameters ?
If you are, good. You'll need that confidence to stomach the further beatings of the SP that each new vaccine announcement will bring.
If you aren't, you'll have to sell. You might wait a few days, as the SP should partially recover. But don't wait too long, because further good news on the vaccine side will crush the SP.
May Allah (PBUH) guide your steps with serenity, and protect you from nefarious rampers' influence.