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Kelly Trinh
22 Nov 2019
Backoffice technical at financial services firm
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TUBInvesting
01 Mar 2019
Finance at Singapore Management University
If your investment thesis no longer stands, you should go ahead and sell. If you are uncomfortable, you should sell. But if you are in a paper loss position and you need to think twice.
I used to have HKland. I was uncomfortable with the fluctations it had with US currency. Thus I sold, but had to wait a while before a better share price kicks in.
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Benefit of hindsight - markets been rallying lately and TSLA bouncing back (rising tide floats all boats!)
But agree - Elon Musk a bit of a loose cannon and while underlying business at TSLA is strong there is a large 'future growth' component in the price that moves wildly depending on the latest (crazy?) thing Elon has said.