Wednesday, July 30, 2014 3:04:48 PM
The entire IBD series: Hope, Fear And Greed: Psychological Barriers To Successful Investing:
http://news.investors.com/special-report/562114-hope-fear-and-greed-psychological-barriers-to-successful-investing.aspx
Buying shares at $.0001 to average down with the goal of selling at $.0001 does not make sense and only increases your exposure to losses. It's putting good money after bad money.
PVEC could do a reverse split and continue to dilute which would cause the split-adjusted price to continue to drop.
PVEC could also end up with a DTC chill or, even worse, regulatory action such as an SEC suspension and relegation to the grey market. Both of these actions cause a stock to become much more illiquid. If you increased your number of shares to average down, you may not be able to sell all of them.
Cutting losses and putting new investment money into rising stocks is what wise investors and traders do.
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