I bought Paypal at $145ish. Obviously I’m down bad. Real bad. I usually hold stocks long and barely ever sell. but this thing is sluggish, could possibly ssibly turn around soon but need so much momentum to even break even at this point. Their growth doesn’t seem to be headed in a major upward movement either.
So my question is… should I sell for a giant loss and buy google or nvidia? Google is more enticing because the growth is great, solid company and the PE seems to be in a good spot. nvidia is obviously a great company but I’m worried with the price and PE already being so high. Any recs?
update* The “yeah, buy high, sell low” comments are nonsense. It’s not smart to ALWAYS hold on to your losers. As Buffett said “selling your winners and holding your losers is like cutting flowers and water the seeds”
[link] [comments] https://www.reddit.com/r/stocks/comments/164pb7i/need_help_pypl_down_bad/
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