Ekso Bionics Holdings Inc (EKSO)

[skepticone]

I was once where you are. My original shares were purchased at 1.10 pre-R/S. So $7.70. I tried dollar cost averaging down as it moved lower but all it did was move lower. So I tried a different strategy. It was risky. Sell, be patient and let it fall, at some point buy back in. Saving myself that amount that it dropped in between my sell and repurchase. I was also able to buy more shares at the lower price. The first time I did that I got back in too early (before 30 days) and it was considered a wash sale. (no tax deduction for the loss). Chalk it up as a learning experience and DON'T DO THAT AGAIN! It continued to drop, I sold again, waited 30 days. In the mean time it had dropped even more. Again saving myself from the amount lost when I bought back in. Again I was able to buy many more shares. That is when I learned to watch the RSI-14 chart and the traders coming onto the board. Since then I have doubled my money on 2 trades and now am investing with all house money. Also am waiting to see if we see those same conditions present themselves again, so that I can buy more shares.I will trade those to accumulate more that I will add to the free shares. Rinse and repeat.
The risky part of what I did was when I got out I had to hope that it did not go up and never come back down. Without news and 3 months between earnings reports I didn't feel there was much chance of it going up for no reason. Sometimes it took patience and belief.