I'm not necessarily in this for the long term. I'm a new investor but it's hard to think of stocks as something to REALLY hold on to for the super long term. Unless you have a big position in a stable dividend I'm maybe just a bit too squeamish to be sitting here at say 45 (I'm now 28) with hypothetically $30,000 or something invested in a company that POTENTIALLY could crap out at any time. Obviously limit orders and being prudent really mitigate that chance, but there's always that slim chance the economy tanks, then you're sitting there holding worthless pieces of paper.

I feel like I got in at a good time, dumped half now I'm playing with mostly house money (on this trade). If AC drops to 9 I'll be a buyer, then a bigger buyer on lower levels. I think the company is on the right track so I feel pretty comfortable waiting for $10.50 to bail out completely. I'm not looking to get rich, but have some fun, learn a thing or two and invest in a company I like and support as well.

That said my American Airlines stock has been getting slammed lately, I really want to buy in further because I think this decline is largely Russia/Ukraine related, but it's hard to decide when a good quarter is reported and the stock tanks anyway. It's tough to see where the bottom is before a rebound, but we'll see.