InvestorsHub Logo
Post# of 1647
Next 10
Followers 34
Posts 7795
Boards Moderated 0
Alias Born 09/06/2006

Re: WHELANer post# 1343

Monday, 08/14/2017 9:41:23 AM

Monday, August 14, 2017 9:41:23 AM

Post# of 1647
Bigstick, have you ever considered averaging down with the share price now sitting in the oh so low triple zeros? I am also a long time investor with my first buy in 2009, so obviously with a few more buys during those years I was seriously in the red for sometime. But I kept following this story and held those shares (probably not so smart) because I so believed in the science of PEMF and the products, even though I have never tried them due to FDA delay. All that time I added a few more times to lower my average as the stock price dropped considerably. I watched closely as the company got closer to FDA OK and then added many more shares (21 buys) after buying and trying product with great results, as the stock price remained in those triple zeros. So now my average cost is .00129 and I am definitely not done adding as long as we sit here in the 'trips'. I cannot believe we still are here after FDA OK. I was briefly in the green after news of FDA clearance on the two products and I cannot see why it will not happen again at a higher price when full clearance (back, etc) is given by FDA. I will never tell anyone how to invest their hard earned money as 'my way' could be the 'wrong way'. I am only citing a possibility as how to lower the one's average cost/share. Good luck in however you play this!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.