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Re: kid biscuit post# 19004

Thursday, 06/26/2014 8:12:41 AM

Thursday, June 26, 2014 8:12:41 AM

Post# of 38564
I have already averaged down to just below $0.009, but based on my total investment at this point, I'm unwilling to put any more cash into this stock, no matter how much I like it.
If I didn't have my limit already invested, then certainly I would continue to average down. In fact I did that at $0.0039 a couple weeks ago with a little over 1M shares added there.
If you believe in a stock, certainly averaging down is always wise when the opportunity presents itself, but you also need to know what your limit is to losing it all. IMHO, that's just smart investing.

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