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Need Advice on A Position (Major Loser) Dollar-Cost Average?

DATE POSTED:March 15, 2019
Took a long position last November in a company I believed in (and still do). It is an oil and gas company named Cimarex Energy (XEC) and I have worked with them off and on since 2010. I bought 220 shares @ $90.58 for a total investment of $19,928 and it has basically steady dropped since my purchase to a current price of ~$70. I bought in because I saw them with my own eyes making good decisions...they have smart management and have always held a great reputation in the Oklahoma Oil Field....

Need Advice on A Position (Major Loser) Dollar-Cost Average?