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Bob1968

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Bob1968

Re: Tiger Money post# 835

Friday, 04/01/2022 3:53:26 PM

Friday, April 01, 2022 3:53:26 PM

Post# of 1064
Sorry to hear that... Not that much for me, but I am into both companies. I have recovered from this situation in the past with other stocks. At some point if the share price gets really cheap ( I mean cheap... pennies) and you believe you will not see chapt 7 or 11... I have more than tripled down really lowering the average. It did not really add to the total loss that much if BK hit. But I got in no where near the 50 pps with this stock.. Not sure what I would do then with a really high average.. It would take a lot more money to avg down even if it did hit pennies. You would have to estimate a long term recovery SP...and calculate from there. There are professionals who could advise... I am still hanging in there. Good luck to all!
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