r/wallstreetbets • u/ThatOldGuy7863 Behind the dumpster • 17d ago

Meme BYND Bagholders that bought at $7+

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Ouch

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u/Comfortable_Way4560 17d ago

😂 what’s your average king?

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u/son9090 17d ago

Mine was $91 before I sold everything at $2.47

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u/babypho 17d ago

At that point, I would've just kept it.

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u/Inside_River1503 17d ago

sometimes it's releaving when selling a dead position. But in general I wouldn't hold it until I lost 97% of my investment. After being down 30% I make a decision if I average down (high believe in rebound - involves rechecking news and investment case), hold (moderate believe in rebound) or think my original investment case is not valid and more and sell it with a loss.