NeoMedia Technologies, Inc (NEOM)

[whattheheck3030]

I used to average down; got burnt so many times doing that, that I do not do it anymore, and suggest you do not either. Does not mean that I am not long, but don't try catching a falling knife. Imagine if you bought at $ 0.35 and then $0.33 and $ 0.30 and $ 0.29 and now we are at $ 0.27. Just figure out how many shares you could have bought at $ 0.27 instead of at $ 0.35 for the same amount of money. I like the company, have no intention of selling my holdings, but not buying until it stops going down. What I do, is let it continue to fall, then after it has stopped declining, and begins moving back up by atleast 10%, then I buy again if I still like the company's prospects. Sure you miss the absolute bottom by 10%, but no one has a crystal ball, and getting within 10% of the bottom is good enough for me.