25 year old investor here. I was once very optimistic of Sea Ltd (SE) stock but now I’m not so confident in that pick. Seems to be too much competition for them which I think is a reason for their miss on earnings.
Currently have a position of 20 shares at an average of $85. Currently the stock is trading at about $36 and I’m sitting on a loss of about 57%.
There are other positions I like a lot more that I would like to add to or even possibly open a new position. I’ve never sold a stock for a loss before and I’m unsure on what I should do here.
Any advice would be much appreciated!
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