Selling Investment with Large Loss? (DKNG)


Hi all, I have a position in Draftkings that unfortunately I’ve lost about $7500 on (down about 60%). At one point I was up pretty significantly last fall, but it’s been pain ever since.

I was wondering if anyone had any tips in terms of when to sell. I honestly still believe that the company will be successful in the long run, but who knows if/when I’ll ever make my money back.

The good news is that the position is less than 5% of my portfolio, and it’s not money I need right now. However, part of me wonders if I should just chalk it up to a tough lesson and put it in VTI. I’m 25 for reference.

I appreciate any and all thoughts.


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