RE: Twitter comment30 Sep 2020 23:08
Jsmith if you really think this is going to fail why not at least sell half.
Let’s talk numbers. Imagine you invested £50k in dish, I don’t know what you invested so this is theoretical. You lost half of that on dish, you have £25k.
Why not sell £12k of that and put it into something else.
Spreads the risk, but you will still benefit from dish going up.
Your excuse of I can’t sell I’m at a loss is an awful excuse. Anyone who has read investor books or listened to podcast will know to cut your losers and run your winners.
Or you average down because you believe in the story of the company.
You seem to not believe in dish but continue to run it. It makes zero sense and defies logic.
No more “i can’t sell” I’m at a loss. You are holding because you clearly think this will still do well.