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What would you sell this stock for?

I cannot be waiting indefinitely for this stock to bounce back to those levels again. I am wondering how much would be a good price to sell for. My cost price is 1.95. If it goes to around 0.9 to 1.0, I would sell it at that price and accept a loss of 50%. It will at least free up significant capital that I could use for trading and make some profits. What do you guys suggest?
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