*** ALL THINGS MONEY >>>> ATM ***

[L-Back]

I have to agree with your "average down" take 100%. Being a layman, newbee to the (fierce) trading world, I have experience both sides of what you are saying and have learned alot along the way. I have averaged down and lost every last dime as well as averaged down and doubling up! Investors must do extensive DD and know what they are buying before averaging down.

The stock I doubled up on, averaging down, I knew alot more about and spent many hours researching where they were going and long term potental (value). This stock plumited from .195 to .04 due to warent holders duming shares from a lawsuite settlement. But I knew at that time that the PPS was undervalued (at .04) at the time of the dump. Smoke cleard and now back up to .089 and set for take off again back to that .195 range. This turned out to be a great oppertunity for me to cover almost all of my original position without even touching it!

On the other hand I invested in a shell scam, where I wasn't even buying what I thought, and it tanked and tanked more and then tanked again hard! LOL Needless to say unless the new company who recently came in and took the shell over is a ringer, I have wrote this investment off. I blame myself for not putting a few 8 hour shifts in doing good DD.

Live and learn, know what you own if you consider averaging down.

IMO