Should we hold, buy or sell our RIO TINTO shares?

I would bail on this company, start putting a trailing stop in on any company you buy, make it a percent like 5% then that says if i lose that much im out the computer handles it and takes emotion out of it so you dont stay on a sinking ship, by not having a stop in you are basically saying you will ride it to zero, we are not out of this yet and you could pick the shares up a few months from now cheaper get your money out and put it in something that will perform in this market something like citigroup, the key in this market and any market is PRESERVATION OF CAPITAL, you wanna come out of this with something left, you need any more help message me my SN is treizelord

I would hold since you have held them to the bottom. I would also buy right now and/or some options now. Bailing out right now would be the worst thing you could do because it will not be lower a few months from now. Unless they go belly up.

And while preservation of capital is important, timing your entry and exits comes first. And an exit right now will make you cry when you start seeing it move back up next week. Maybe even start on Thursday.

I believe an inverted head n shoulders or cup n handle pattern is forming right now, which should allow the price to get close to $200. And then maybe send the price to about $350.

Keep my email, rbw1226@yahoo.com, and send me a message if you want to learn how to time your entry/exits.

Best wishes,

Burt