Quote:
Originally Posted by Nuckle
Can I get some advice on my two losers.
Currently I am -16% in UAL and -23% in USO
Both have been going up every day other than today. My issue is I am using 100% of the cash in my account. I was thinking of selling off some at a loss just to be able to invest in a better chance for gains.
Thoughts?
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I think UAL will benefit from what will be happening shortly with testing. I wouldn't take a loss though by selling especially if it's a huge amount of money. Give it some time to see how this other stuff affects things. It may come up just enough for you to get out easier.
As for oil...maybe someone else can chime in. Commodities are something that quite frankly scare me.
But I would think that it would slowly come up as things "try" to reopen.