The problem with these ‘failing knives’ is I think they take much more background work to see where you are right and the market is wrong. I try to only have one or two at a time (currently pmp and ifl) and I actually want the price to decrease so I can increase my holding. Pmp dropped to 15 cents last week because InvestSMART recommended selling and I was thrilled!
FIG Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held