“Was it a mistake to buy Match Group at twice the current stock price? Yes.
Am I adding to my position today? No. I don’t see it as a bet with minimal downside (which is when I want to size up a position).
But do I think it is a good risk/reward at this price? Absolutely”.
If you liked it at $65 and don’t you like it at $31, why hold it? This was a good piece, I think listening to sentiment is such a waste of time unless you are planning to use sentiment to your favour.
“Was it a mistake to buy Match Group at twice the current stock price? Yes.
Am I adding to my position today? No. I don’t see it as a bet with minimal downside (which is when I want to size up a position).
But do I think it is a good risk/reward at this price? Absolutely”.
If you liked it at $65 and don’t you like it at $31, why hold it? This was a good piece, I think listening to sentiment is such a waste of time unless you are planning to use sentiment to your favour.
I like it at $31