Bought stock at 31, now deep under water, wondering if I should still hold it
Hold for at least 3 years to have even a small chance of recovery.
Secondly, never buy individual stock without a stop loss order in force at all times.
doesn't help at all times, stop loss will not work after hours on earnings days when stocks plummet
Twilio is the best at what they do in a rapidly expanding market, continues to grab share, and has 60% operating margins. What are you worried about?
I have Akamai stock as well, it's also the best at what they do in rapid expanding market, but just went thru deep dip this week as well
Business doing well doesn't necessarily mean stock doing well.
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That stock is a turd. Poor guidance will drag down the stock price for some time until new customers are added to replace Uber.
who does Uber use instead now?