InvestorsHub Logo
Followers 65
Posts 4805
Boards Moderated 0
Alias Born 08/08/2008

Re: A deleted message

Saturday, 05/23/2009 9:22:22 AM

Saturday, May 23, 2009 9:22:22 AM

Post# of 344073
I would like to hear the reason behind "the worst thing to do is average down" statement. If one like myself still believes there is life and a chance for GRDO (deemed stupid or otherwise by some), than I consider lowering my avg. PPS as I have personally done wise as it decreases my break even point. If I would not have done this, I would still be in the 30s. If for no other reason, I firmly believe the stock will run again as has been seen by many other pinkys deemed a scam and fraud by all participants (BBDA perfect example before new owner). Yet somehow with billions of A/S and O/S and NO product, they run to 20 and 60. People need to do what is best for themselves and should not listen to anyone else when it comes to the individual's money. Invest only what is comfortable and hope for the best.