I’m on vacation this week spending a few days with family in town. As I check my positions pre-market I see things looking green. Excited for the day, it seems like my trepidation from Friday was all for nothing.
Then, the market opens.
By an hour after market open, CGC is down between 5 and 6 percent, and is nearing it’s 52 week low. Even though all of my other stocks are green for the day, because CGC makes up the majority of my portfolio I end up down about $40 for the day. (-$62 in CGC, +$21 in everything else)
So once again the debate continues. Sell now to preserve what’s left, or forge on and look for an opportunity to get out later?