The Law of Averaging Down (Also Known As The Turd Trap) and Its Ultimate Consequences:
A) Mistakenly Buy Thousands of Shares of a Company That Produces Little or Nothing, Reports Nothing, Is Responsible To No One, and Whose Sole Communication Method Are Short Lived (then deleted) Tweet Bursts
B) Mistakenly Buy More Shares of same Company To "Average Down" Because Share Pprice is Now 1/2of What It Was During A above
C) Mistakenly Buy Even More of Same Company Because Share Price is Now 10% of What It Ws In A Above, Because "Averaging Down" Seems Like a Great Idea.
D) Buy Millions More Shares of Same Company Because It's Now 1% of What It Was In A Above And Averaging Down Will Get You To A Number Close to Current Price Per Share , How Exciting!
E) Get Excited Because Now Your Average Price Per Share Is Actually BELOW What The Current Price Per Share Is, OMG YOu Could Actually Sell For A Profit Now ! But Wait...
F) Try To Sell Your Millions of Shares and Find Out That The Turd You Bought Called BORK Only Trades In A Volume Range In the Thousands or 100's of Thousands of Shares a Day , and That Any Large Number of Shares Traded Takes This Turd Down By 50% or More On Any Single Trade.
G) Realize You're Caught In "The Turd Trap" of Bourque ( you cant sell your millions shares because theres not enough buyers to support the price needed to break even or god forbid make a few bucks)
H) Now what?
