Hello everyone.
I kindly ask if anyone could give me their opinion on this splendid but suffering stock.
I invested at the beginning of the year, so I am currently at a significant loss.
I have averaged several times, bringing me to a price of around €366 per PMC.
At the moment, I am seriously wondering whether it makes sense to:
\- hold the position
\- increase it
\- give up and take the loss.
What are you doing?
Looking at the company's financial statements over the last few years, I see stability and growth, so I don't understand why it has fallen almost 30% from its highs in such a short time.
Please don't tell me I should look at the PE ratio compared to the automotive sector because Ferrari has never played in that league, at least as far as the public is concerned.
Many thanks in advance to everyone.