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Re: dealerschool2006 post# 333537

Saturday, 04/02/2022 7:33:40 PM

Saturday, April 02, 2022 7:33:40 PM

Post# of 346648
'shareholders can pay for cheaper shares and bring the avg price down'

LOL! Yep, and they have been doing that for the past 4+ years!

That pennystock strategery is known as Averaging Down to Zero.

At casinos, it is known as the strategery of chasing losses.

In more general terms, it is known as the Compounding an Error methodology.

And that strategery has been working - note how well it has been bringing the PPS down