Bought Bloom Energy (BE) about 6 weeks ago and I’m down a lot would you keep holding?
I have a question hope it's fine I ask it here.
I bought Bloom Energy (BE) around 6 weeks ago, and unfortunately I bought pretty close to the top. Since then it dropped quite a lot and I’m down significantly on the investment.
I’ve noticed it has started recovering a bit recently, but I’m unsure what to do from here. I don’t urgently need the money, so I can afford to hold for a while.
For those who follow BE, what’s your outlook for the next few months? Do you think the recent recovery has room to continue, or would you be looking to exit?
At this point I’m mainly wondering whether it makes sense to just hold and wait for it to hopefully get closer to my entry price, or whether I’m falling into the trap of holding just because I don’t want to realize the loss.
Would appreciate opinions from people who have followed Bloom for longer than I have.