Transportation and Logistics Systems Inc (TLSS)

[Redeemed67]

Isn't this pretty much what stocks are all about anyway? Whether you are at .15, .12, etc. and you're at a loss down to .05, every investor has to make his or her own decision on whether to average down.

I can't count the number of stocks that saved me from a loss by averaging down and either breaking even or taking a profit.

IMO, the company isn't any worse off than it was back in May when it dropped below .02. Whether or not it was a P&D back in May, it has held its own for quite a while way over the lows I was seeing.

I was in the red on my initial entry at .05 while it was stuck around the .03s. Eventually it dropped to the .018s and at that time I had a decision to either trust my DD on the stock and average down or simply cut out with a loss.

I averaged down to .023. There was continual dilution back in June and the stock never got to its prior lows. It's to each individual's perception on where TLSS goes from here. But I don't discount the Amazon departure as being its death knell.