$Oatly Group AB (OTLY.US)$ brothers and sisters do i buy now...
$Oatly Group AB(OTLY.US$ brothers and sisters do i buy now or wait lower, newbie here haha
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TTQDonut : Are you speculating or holding for the long term? If it's the latter, you can enter when you think the price has stabilised and HODL
Show me the moneyy : Buy and fly
OldNormanBates : wait for a few days to get it to settle down to it's actual beginning price, IMHO near the original 17-18 open.
Kar Seng Chong OP OldNormanBates : can i hold multiple positions since i bought one at around 20.840 too?
OldNormanBates Kar Seng Chong OP : you can Average Down if the stock price lowers, by buying more shares at that time... or if price continue to go up , Averaging your price up buying more shares at the higher price. Average price is difference between the two (or more) prices you have purchased shares at. Example: Bought at 20.00 first time, bought at 15 second time. 20+15=35/2=17.5average price of the position.
Kar Seng Chong OP OldNormanBates : thanks a lot for the clear explanation!
OldNormanBates Kar Seng Chong OP : Of course, thank you.. This is very simple explanation, and of course depends on how many shares you have purchased at each level. The example I showed assumed on 1 share only at ea price.....