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by version_five 1331 days ago
I probably would. Splitting hairs though, if I was watching a stock plummet and had no idea what was driving it, I think that would be analogous to your running situation and I'd try and dump it asap. If I saw a stock declining in reaction to news that I didn't think was so bad, I might hold or buy more, and if I was really certain, I might double down even as I was ridiculed for my choice - a la Steven Bury (sp?) in The Big Short
2 comments

That's perfectly sound reasoning! But it's not the reasoning the OP offered: in their case it was sufficient to be bullish because everyone else is bearish, without regard for any actual interpretation of the news.
Ok, agreed!
Michael Burry?