petey2720 Posted January 25, 2018 Share Posted January 25, 2018 Need some advice. Been stuck in this value trap for a few years. Bought in between $2.20 and $2.30 and now it has gone up the last few days on no news. It is around $2.35. I've been underwater here for a long time. Hard to sit on my hands and wait. Any thoughts? Link to comment Share on other sites More sharing options...
Sullivcd Posted January 26, 2018 Share Posted January 26, 2018 The right answer is adjust your position based on the margin of safety provided by your current estimate of intrinsic value. Depends on your conviction in your intrinsic value estimate I guess. Link to comment Share on other sites More sharing options...
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