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BottomBounce

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BottomBounce

Re: twister1 post# 16232

Monday, 05/09/2022 4:50:14 PM

Monday, May 09, 2022 4:50:14 PM

Post# of 72967
Averaging down is an investing strategy that involves a stock owner purchasing additional shares of a previously initiated investment after the price has dropped. The result of this second purchase is a decrease in the average price at which the investor purchased the stock. It may be contrasted with averaging up.
https://www.investopedia.com/terms/a/averagedown.asp#:~:text=Averaging%20down%20is%20an%20investing,be%20contrasted%20with%20averaging%20up. $MULN

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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