{ "media_type": "text", "post_content": "Still facing a $17k loss on PSTH. Should I cut bait? Learned my lesson already but unsure if I should continue to ride it out.", "post_id": "60df1c5ae9ec4c001ce53730", "reply_count": 11, "vote_count": 1, "bowl_id": "5acc42208c6b52001375e11e", "bowl_name": "Option Traders & Investing" }

Still facing a $17k loss on PSTH. Should I cut bait? Learned my lesson already but unsure if I should continue to ride it out.

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I’ve been adding. If you aren’t comfortable with the position, sell

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It’s not a loss until you sell

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Wrong. Why hold onto a loser. If the reason to hold changed take the loss.

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Curious, what motivated you to this investment?

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Aren’t you part of the market

Shares or Options? If options i suggest cut your losses.

Shares

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Sellllll. Lost $5k on psth

May be sell it and buy it back after 30 days . It can help in taxes and the probability to break even within 30days is very less .

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