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FTW

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Alias Born 06/17/2009

FTW

Re: banyon post# 107770

Thursday, 04/21/2011 11:42:24 AM

Thursday, April 21, 2011 11:42:24 AM

Post# of 111729
averaging down doesn't really help when it never goes up at all to balance out. its just making a bad decision to buy more at a lower price, and then the share price goes even lower than that (as we can see from the price trend and the quotes).

People need hundreds of millions of shares at the point for that logic, and still are wayy red. And then if this were ever to go back up, the vast amount of selling that has to go on to actually make a profit in one's account...

Can't we just be real people and stop pretending that a person averaging down from .01+, compared to a person on the sidelines, is in a better situation. It is mathematically not possible.

It's not like we have a tiny float that huge news would jump this thing 1000%+. There are billions and billions of shares to buy, whenever one wants.