$Starbox Group (STBX.US)$ I bought 1000 shares at $10 yester...
I bought 1000 shares at $10 yesterday.
Should I keep holding or sell it at a loss before the price even drops more?
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power-investor : There 3 way for you ,first is you willing to wait to goes up ,second buy dip to avg down ,or you can set a stop lose which you are okay with .
102882389 : Doesn’t make sense stock just IPO will keep dropping in price, at some point it will rebound, not too far off for you, be patient
F_J_B_2022 : If you felt strong enough to buy yesterday, what has changed? This is the stock market. If you don't have patience, you won't last long.
71375812 : I would look at the other stocks, I believe the price jump was do to the buyers inflating tf out of it at the beginning, and most took profit. There is a potential, but I would take a risk I can afford and if you believe in this company keep holding. If not then I would sell, most participants in this stock was just from the IPO hype - rather than the company itself. I wish you the best, and hope you do get profit out of it.
71375812 : For example Frza -you saw at opening, but through progress it hasn’t showed much. So has all the other IPOs, other than GCT - which is a good company itself, and good for long-term investment
Hopefully Bruh : How’s it going ? You think avg down is the way to go ? I’m on a similar boat buying @ 10