71535617
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No. Cut losses. Find a stock that you can average up on. Averaging up on a good stock is way more profitable than averaging down on a bad one. This can and will drop much lower and will eventually be pennies and file for bankruptcy. Next quarter, it'll drop to $2, and on and on.
noobbuyer : im wondering how much lower it can go too....
71535617 : No. Cut losses. Find a stock that you can average up on. Averaging up on a good stock is way more profitable than averaging down on a bad one. This can and will drop much lower and will eventually be pennies and file for bankruptcy. Next quarter, it'll drop to $2, and on and on.