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Friday, March 13, 2015 11:05:38 AM
I'm all in at this point, have been for a couple of years. I'm not buying any more until I see signs that the share price is moving upwards, not backwards. Averaging down is not my way of doing things unless I don't have the amount of shares I'd like to have. I already have enough. I don't believe in chasing stocks upwards, but I do believe in buying at the beginning of an upward trend. Averaging down without any material news and reasons for why the share price is basically plummeting, is not my way of doing things. I would need to know why the share price is dropping before buying more.
I'm sure if you get a hold of Mike he can provide better answers. I don't know what will drive the SP upwards in the next two months, all I can observe is that the dropping share price is not a good sign and that they have to correct whatever it is that is dropping the share price. Whether it's revenues, cash flow, or both.
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