Tuesday, January 11, 2011

CSR

It's time to bail on CSR.  The company is clearly not in favor with the market.  I was willing to get it some room to wiggle, but it is struggling a lot right now.  It is down $1 or about 20% since I recommended buying it.  The principle here is to not just watch a stock continue to drop while you hold it.  Get out!  You can always get back in later.  So I will keep an eye on it for another chance to buy but for now while it's steadily trending down, I'm out.