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Re: Gorgoroth DCLXVI post# 162750

Sunday, 08/03/2014 12:48:04 AM

Sunday, August 03, 2014 12:48:04 AM

Post# of 263702
Good point. Price went to 4 cents because of hype and not because of the company. I have bought many stocks that dropped 90% but I do not complain. I analyze what went wrong with my thinking and act accordingly. Sometimes I blame myself and move on. However many times I average down. Everybody needs to decide for themselves what to do. I am certainly not telling anyone what to do because it is their money. Instead though what I am saying is that after doing your DD it makes sense to average down. In this manner you can probably counter your losses and sell if you wish. Or you can counter your losses and hold for the long term. From experience I can tell you this is probably one of the best if not best 1 cent stock you are ever going to own. But do your own DD please.