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Subject Expert
I know this shocking, but you can hold a stock. Unless you Yoloed all your capital in here, why sell the bottom? It’s not like there’s a bunch of other equities at a discount
Mentor
More worried that the Mortgage sector will never be this hot and that’s why I’m nervous
Mentor
Just hold. It should bounce 12.5 -15 in next few weeks assuming nothing fundamentally has changed . Sell some puts if you want to average down.
Mentor
Housing prices are still rising amd even if rates go up, I doubt the new fees they are charging will ever go away. Most likely the industry has set itself up for additional revenue just like baggage fees that were used to offset gas prices for airlines, they never went away, nor did the cash credit pricing at gas stations