i bought it at $3.28 on 7th Nov 2006, the price drop to 3.16. i want to ask how much do i need to sell it in order to mininze my loss? thx for giving advices
I would suggest you to keep instead of selling it at 3.16. From the graph although the current trend is not very good, there is high chance that it can rise back to the level of 3.25 - 3.3 in the next few days and you should sell by that time.
If you fear that you need to hold it for long time I would suggest you to cut loss @ 3.1.