facebookGUYS PLEASE HELP PLEASE. I bought 10 lemonade shares at 175 and it has dropped to 61 should I sell at a loss of 1.1k usd or should I pump in more $ or wait or ?? HELP LOST - Seedly

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Anonymous

12 May 2021

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GUYS PLEASE HELP PLEASE. I bought 10 lemonade shares at 175 and it has dropped to 61 should I sell at a loss of 1.1k usd or should I pump in more $ or wait or ?? HELP LOST

Advise on lemonade stocks

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"Stocks are not lottery tickets, there is a business behind every stock." - Peter Lynch

If you bought a company for investment and you liked it enough to buy at the price you got it, you should LOVE it if it dropped to give you a bigger discount.

If you don't, there may be an issue to why you bought in the first place.

Where do you see your investment in 10, 20, 30 years time? Don't focus on short term movements. Businesses do not fluctuate in valuation so quickly

Chris

12 May 2021

Owner and Writer at Tortoisemoney.com

I'm sorry to not give you a straight answer but you need ask yourself these questions:

  1. Are you t...

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