When not to sell

I've had my Countrywide shares for a short while now (longer than some of my other shares though) and have, agaings all normal advice, kept them in the hope that the value will rise again later, so I won't end up loosing a lot of money on them.

My plan was to dump them once they got to the same price as I bought them at, but according to this article, that's the very worst thing I can do. Rightly enough, the author points out that if I've bought a share because I thought it was a good deal at that price, it might still be a good deal and when it managed to crawl back up to my original price, it might be in a position to actually continue and turn out to be a profit.

I think this is very good advice and I'll try and follow it when, hopefully, my underperforming shares go back up. There is probably one exception though. The auther wrote "Yet what matters isn't how a stock acted six years ago, but how it's acting in the here and now." which i take to say: have an extra look at the stock before you sell. If the deal is still there, don't sell it just because of you pride; sell or keep it on the basis of its value then and there.