I currently own AXR because they have a killer growth in the company and EPS and I was planning on holding on to it for a few months. Today it took a 21+% hit and had a bad breakout. Now I did read How Charts Can Help You in the Stock Market by Jiler and I forgot what he said about bad breakouts. A couple of weeks ago, IAAC had a bad breakout and it is still going down with a big volume increase (just like AXR) with selling. I also know that you should sell if the stock has gone down 7-8% since the price at which you bought it at, but this is a great stock, I think and I am not sure what to do. Any help would be great. Thanks.