I'm currently down over $15,000 on my Yahoo purchase from a couple months ago. I generally have the philosophy of "never sell at a loss". But it is actually, unless you are doomed anyway :)
Yahoo seems to be able to go down even on days when 90% of stocks are going up.
I don't really want to sell now that it is at the lowest in eons. But, of course, it will probably go even lower soon, so why hold :(
And, generally when a stock is down I can still sell options for a little income every month. But Yahoo is so down and hated that the options aren't even worth much. That's generally not a good sign.
I took a day off from studying yesterday, today I'll go hard at it again and probably hard every day until the test.
God bless!
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