I jumped on the $CRSR train when they IPOd. My worst investment ever. I am down 50% on the stock and have had probably U$7k of calls expire worthless.
I don't need the money at all, but I will in 2 or 3 years.
What would you do? Sell covered calls? Dump it all? Average down?
I feel so stupid because I put a lot of money into $CRSR as an inexperienced trader. Now I realize they have no moat and not a lot of people are buying the highest end stuff in this economy. There's also the fact any significant run up might die out when the main holder (Eagle Tree Capital) dumps, like they did in the past.
Last couple of years I bought $INTC, $META, $GOOG and they all killed but I put way less money into them and now looking back I want to slap myself. Anyway.
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