News Focus
News Focus
Followers 7
Posts 688
Boards Moderated 0
Alias Born 12/06/2006

Re: copleybmt post# 48839

Thursday, 07/26/2007 10:43:03 PM

Thursday, July 26, 2007 10:43:03 PM

Post# of 63795
I agree that at these price levels, it becomes very enticing to buy more shares, especially when you still hold tons of shares at much higher prices and the idea of averaging down seems so logical. However, averaging down is not the way to go unless there is verified positive changes in the business prospects for the company. Averaging up usually works well.
If the stock starts to take off, I'll average up.

LM
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y