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Wednesday, June 03, 2015 5:45:57 PM
In order for you to establish an average cost of $.50/share including your previous buys at an average $4.50 per share means you previously must have purchased over 11,000 shares and invested over $50,000 in the company.
You must have made all of your buys near the peak. You have my sympathy if that is the case.
Dollar cost averaging has worked very well for me. I have more shares than I ever imagined I could acquire and while I am currently down I don't think it will be for very long.
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