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richrichrich

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richrichrich

Re: otterman post# 166

Friday, 12/05/2014 2:01:27 PM

Friday, December 05, 2014 2:01:27 PM

Post# of 208
Seriously thinking of averaging down here. I'm at half my value currently, from my recent purchase. Ratings, though downgraded, still say it should return to 3-5 bucks(who knows when)....
Divi may disappear, or be reduced to crap.
Done the average down thing in the past, with a few stocks. So risky.
One long ago, was USS shipping, a hefty dividend payer. Shortly after averaging down, they decided to go chapter 11....wonderful....
This is a pinkie, so anything's possible.
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