buy more?
rookie here. bought at $9
should I buy more or should I just wait it out?
should I buy more or should I just wait it out?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
WallstreetWizard : Follow me on Instagram for more insights and simple summarised news of the latest trends. Make stocks fun with memes, let’s build a community together !
https://instagram.com/wizardsofwallstreet?utm_medium=copy_link
103877410 : Leave it alone till year end. It should do better compared to now. But don’t buy more either, suggest to buy others.
dwarrior : Yes. Hold first… wait for catalyst to add if you want. The market out there is better…
learning togrowthing OP 103877410 : tqq
learning togrowthing OP 103877410 : tqq
learning togrowthing OP WallstreetWizard :
okie
doctorpot1 : if you believe that the company will do well and stock price will go up, you can consider dollar cost averaging, but it does entail more capital at risk.
e.g. you bought 100 shares at 15 (spend 1.5k). then now price is 5.
if you buy 100 shares at 5 (spend 500), your new cost per share is 10. the share price need to grow 200% to break even instead of 300%.
if you buy 300 shares at 5 (spend 1.5k), your new cost per share is 7.5. the share price need to grow 50% to breakeven.