JaiPrakash Associates raided by CBI, should I exit the stock?

General
1

The CBI today raided the offices of JaiPrakash Associates.

The news came out just 2 hours ago, the link to this is here: http://www.business-standard.com/article/pti-stories/cbi-carries-out-searches-at-jaiprakash-associates-office-116081201657_1.html

I am already a little down on the stock, should I take this as a sign to exit to avoid more losses? The stock is already in a downtrend for now :frowning:

2

Buy a PE (put) at reasonable strike for ur investments. It will act as a shock-absorber.

3

I guess this can be a good moment to trade this stock, long/short, Use mass psychology.