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Author: Nuke68 One star, 50 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 919  
Subject: Re: hold or sell Date: 3/19/2008 9:42 PM
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I'm not sure if you should hold out hope. I know the price seems tempting, but with price of oil shooting through the roof, it may take a very long time go up in price. If there is something else to buy that would make a better investment, go ahead take the loss, and invest the remaining capital in the other investment. I know it sucks to take a loss, but I learned from dabbling in options (several books stated the following) that 50% of your original investment is much better than 0% of your original investment.

There are many more viable investments recommended among the Fool website to place your money in than an airline until oil stabilzes, the industry consolidates or not, and the economy starts to come out of a recession.
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