It’s your assumption that they’ll dump even further when the market goes down. For instance, in yesterday’s sell-off, some of the few stocks that were up on the day were a few energy stocks.
DVN, TEVA, VIAC, etc. have been coming off their lows for a while now as money rotates out of growth and into value. So, I wouldn’t be selling but you can do what you wish.
When DO announced they were going bankrupt and it had one last rally up to the 70 cent-ish level, I’d suggested on the forum to exit it.
By the way, Warren Buffett still has his TEVA shares.