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  • AvatarAlice Dobbs
    Participant
    Post count: 2

    Hi Sean,

    I’m wondering about DO now DOFSQ (worth nothing) – should we sell it so we can take the loss?
    And what about DVN, TEVA, and VIAC? Should we just sell them now that the market is high since they will probably dump even more when the market goes down? Or is there hope that they will return and we should just hold out.k

    Thanks so much for all you are teaching us and how you are guiding us.

    Alice

    Sean HymanSean Hyman
    Keymaster
    Post count: 3795

    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.

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