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You have an investment with Robinsons Land; stock has been down by 25% since you purchased it. You intended to hold on to the shares of stock thinking that it can still recover. Yes/No and why? Please support your answer.

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Madwoman26go Madwoman26go

Answer:

I will hold on to the shares. The value of shares of stock are fluctuating, so I'd rather wait for the stock price to increase more than what I invested or wait for it to increase at a reasonable level to not incur a loss or at least minimize the loss.

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