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VelvetJones

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VelvetJones

Re: Hunterdave post# 39562

Wednesday, 10/28/2020 10:17:16 AM

Wednesday, October 28, 2020 10:17:16 AM

Post# of 43522
This is the theory of "averaging down". This is what investors that have no clue do when they want to make themselves feel better when they lose all of their money. "Hey, I only lost $0.20 a share" when they throw another $10,000 at the stock to get to that average.
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