Pinned straw:
@Rocketrod I got out the first day I could after the earnings downgrade, at a significant loss to my cost price. I’ve already explained my reasons in this forum. In a nutshell, I lost trust in the management. When I lose trust in management I just don’t want to be there. Trust is something that is earned over a long period of time. I believed in their story (almost) and my thesis evaporated overnight.
I don’t beat myself up in these situations. We’ve been taken for a ride! You can’t get them all right. I’ve moved on and invested what’s left in other opportunities with better prospects. Out with the old, in with the new, and onwards and upwards!