RE: Why Hold?29 Jul 2020 11:13
Timmy,
Quite often it is best to take a small hit and to get out of a share and to re-evaluate the situation.
As for the long term holders (imho) they will mostly fit into two categories:
1. Those who an average sub 30p, believe this will double or multibag from here.
2. Those who are underwater and are desperately hoping for a miracle and if they were offered the chance to get out breaking even today - they would!