$Sundial Growers(SNDL.US)$ This is to illustrate the positiv...
$Sundial Growers(SNDL.US)$ This is to illustrate the positive effect of cost averaging. Please be certain that the companies fundamentals are still valid prior to cost averaging. This strategy can still work if the company has a longer-term horizon. basically be certain the company isn't going bankrupt
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I have been trading now for 20 years, I am self directed and taught by those who commentated on CNBC
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Talklili : Fantastic leaves, unlimited magic, hopefully marijuana legalization will continue to affect SNDL and others.
SprockettOP : That would be stunning if our legislators would actually listen to us. A large number of people would be propelled up the ladder to financial independence. I certainly hope that all my followers did not give up on this sector and instead have been cost averaging on the downside, and you should be realizing a decent return and a shrinking of your losses. Again to reiterate from the past, if the fundamentals 7are in tact, the company isn't going broke and your reasons for buying the company are still relevant, then buy, buy, buy as the stock price sinks. This is cost averaging, driving down your average share price.
SprockettOP Talklili: I am hoping it comes soon. be sure to call your reps in Washington and letting the know what you think, it really does help.