this post was submitted on 10 May 2024
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[–] Buddahriffic@lemmy.world 2 points 6 months ago

You could sell it anyways then buy something else that might have a better chance of rising. No guarantee that it will work out, but also no guarantee that EA stock will ever get to the point you're hoping it will. Thinking you need to hold it until you get your money back is literally the sunk cost fallacy.

And I just looked at their stock right now, if you bought it right at the all time peak, you're only down about 15% right now.