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Re: PennyStockTrader2 post# 197968

Friday, 03/31/2023 12:05:54 PM

Friday, March 31, 2023 12:05:54 PM

Post# of 200858
Generally speaking, averaging down on junk companies like PCT usually results in a poor outcome

For example, averaging down can bring an investors average cost down from a much higher price, to 0.0061

However, if the price continues to slip further down to say .0016 (PCTLs current price), it would represent a 73% decrease in share price on a lot more shares being held

GLTY
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