Q: Hello 5i.
I'm currently underwater with Chicago bridge & Iron (cbi)approx. 25%. stock has taken a beating since reporting less than stellar earnings with a weak outlook for the rest of 2017. I know the energy sector is a big reason for this. Although I have a long term view 2-3 yrs for stocks in general, should I ride this out or should I take my losses and move on? If so, can you suggest something within the same sector US or CDN exchange.
I'm currently underwater with Chicago bridge & Iron (cbi)approx. 25%. stock has taken a beating since reporting less than stellar earnings with a weak outlook for the rest of 2017. I know the energy sector is a big reason for this. Although I have a long term view 2-3 yrs for stocks in general, should I ride this out or should I take my losses and move on? If so, can you suggest something within the same sector US or CDN exchange.