If it's down more than a few percent check for news that would materially affect it. Timely look see can save you losses or give oportunity to add to position, depending on the reason for the decline (if there isn't one). If there's no reason apparent, keep an eye on it. If it doesn't recover after a day, sell.
Good rule: If it's not doing what you want it to, sell...Simple and effective!
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By all means, keep the ball rolling and post a new opinion.
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DowJonesDave
Aug 08 at 11:27 ET
Added to position (averaging down). Added original amount again for a double weighting.
Top 97%
ramigabai
Aug 08 at 11:55 ET
Yeah.. tell me about it - i lost 30% on LDK before I found some guts to dismiss it
Top 1%
DowJonesDave
Aug 08 at 1:23 ET
yah those solar stoks can give u a sunburn