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$Logistic Properties Of The Americas (LPA.US)$ hey guys boug...
$Logistic Properties Of The Americas (LPA.US)$ hey guys bought this share at price 29.87 for 20. now its drop to 16 level what should i do???
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Just Care Bears : Hold it and average down it’s worth it you make more money that way
Prawesss OP Just Care Bears : How? What you mean by that can you give a clear explanation on this. I really need some suggestions
Just Care Bears : If you buy more your average will go down and if it goes up you make more
Salmon Klein : difficult decision...price may keep dropping but at some moment will spyke again, sell then, borroww cost is very high but still shares available...other option is wait until reaches 8 or below to average down and get your money back...ypu have to play this stocks in and out...profit is profit better than bagholding forever...stock market is hugely manipulated
lilaita Prawesss OP : buy more when it's down. wait for price to go up and sell if you want out. LPA's spike after ipo open was do to speculative trading. It's subsequent drop has to do with it's actual financials. Wild Ride so far!!! if ypu held that ipo and sold after drop you did very well. I wouldn't buy in at more than 10, and it may be a long game to see what this company can do. I have 4 shares at 16, just to see what it's doing and keep an eye on it. It may have a steady incline from here? Who knows. It hasn't dropped below listing price so, that's a good sign. GOOD LUCK!!!