GoldDragon
:
Isn't this the perfect opportunity to avereage down? Esp. if you bought at $24+/ share and if you spend the same amt now to buy in 3 shares, you effectively ave down by about 50%.
GoLeopard
:
Nov to Dec, there is a chance of rebound due the election. if you buy high, now at this price, you buy some and it will average down a lot, then you can easily exit.
it is impossible to recover within the next 1 to 2 years if you are.holding at a high price.
Holding at 100 shares $20 Buy 200 shares at $10.50 Current Price $10.50 Ave costs becomes $13.60
it just takes the election. month to push it to $13 and you can exit.
TheAngstyMama : Hold.
GoldDragon : Isn't this the perfect opportunity to avereage down? Esp. if you bought at $24+/ share and if you spend the same amt now to buy in 3 shares, you effectively ave down by about 50%.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Princess A OP : But what if it goes bankrupt? Possible ? Chances ?
GoLeopard : Nov to Dec, there is a chance of rebound due the election. if you buy high, now at this price, you buy some and it will average down a lot, then you can easily exit.
it is impossible to recover within the next 1 to 2 years if you are.holding at a high price.
Holding at 100 shares $20
Buy 200 shares at $10.50
Current Price $10.50
Ave costs becomes $13.60
it just takes the election. month to push it to $13 and you can exit.
just a personal idea, do you own DD.