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Anonymous
I bought Nio at $39.63 for 56 shares and Grab Holding at $7.35 for 78 shares. They dropped to $15.99 and $2.43. What should i do now? Hold?
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If you like Nio at $39.63 and Grab at 7.35, why do you not like them at $15.99 and $2.43 respectively? Keep buying if you think company has potential in the long run but cut losses and sell out if there are other better opportunities out there.
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Tan Wee Minn
16 Jun 2022
Chemical and Biomolecular Engineering at NTU
At any point of time over the past few years, holding probably may be the wise strategy provided you...
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Cut loss on Grab, its a cash burning company whose profitability (not EBITDA) will take years to reach, it will probably reach $1.XX on the way to its profitability goal