Fear, Uncertainty, and Doubt. When the high volatility swing pulls your stock investment down by 70%, what do you do?
You know you should have had a stop loss and profit target when buying the stock.
You know that there needs to be a catalyst to get the stock to move back up.
You know that that the media is trying to redirect the attention of the masses elsewhere to get the paperhands to sell.
You know that the volumes are steadily declining which is good for a squeeze.
You know that the ladder attacks are being successful.
You know the stock is being manipulated because the stock closes in a round number for 3 days in a row: 325, 225, 90.
I know all of this. But it still feels soooo bad to be holding. I’ve so far resisted the urge to double down and bring my cost basis down… for now
To be continued…