I'm confused about AZ. It was brought to the BPT community's
attention a few years back for fundamental rather than technical
reasons. I bought and sold at a slight loss a long time ago.
Here's my question: If this stock was bought for
fundamental reasons AND held through the long draw down, wouldn't
updated fundamentals (not technicals) determine whether it's wise
to continue holding (or even averaging down) at this point in
time?
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I'm confused about AZ. It
AZ chart
Posted by RichieD on 28th of Nov 2023 at 08:28 am
I'm confused about AZ. It was brought to the BPT community's attention a few years back for fundamental rather than technical reasons. I bought and sold at a slight loss a long time ago.
Here's my question: If this stock was bought for fundamental reasons AND held through the long draw down, wouldn't updated fundamentals (not technicals) determine whether it's wise to continue holding (or even averaging down) at this point in time?