Wednesday, March 11, 2020 4:35:09 PM
Averaging Down does not work for me.
If a stock I own is down - I just admit I was wrong - and then buy something else.
I don't keep throwing "Good Money After Bad".
However, that advice isn't going to help you much because it sounds like you kept on "Trying to Find the Bottom".
The Long-Longs will tell you: "You don't have a loss until you sell" - but we both know that is a bunch of BS.
So from here: You have three choices (and neither of them is good).
1) Hold your ACB Shares (and sell on a pop or pray for a MIRACLE).
2) Suck it up and sell them ASAP (and count this as a lesson learned).
I hate to see people in this situation - that is why I have been WARNING PEOPLE FOR OVER 1 YEAR - but you must have listened to the BS Longs on here instead.
I wish I had a better answer for you. But the best way to make money in the Stock Market is to not lose it in the first place.
Recent ACB News
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