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Re: abc1938 post# 9711

Sunday, 09/25/2011 3:04:35 PM

Sunday, September 25, 2011 3:04:35 PM

Post# of 27472
Coming from .12 to sub 00's without a bounce will give you that technicl bounc play. Chck the charts. This should atleast bounce back to .019. This may not help the people holding from .12 but an avg may be able to help cut your losses at .019

See this for better understanding

Say you spent $2000 at .12 = 16000.666 shares
The price will have to go back to .12 to make your $2000 back

SO AVG DOWN
BUY another 16000 * .009 = $150

You now have 32000 shares at an avg price of $2150.
Your new avg price will be at .0645, so you just cut the price down with just an extra $150. Now its easier to picture .06 than back to .12.

Now say the price goes back to .019 (which I expect)you will then have $608 vs the $304. Th higher the price the better chance you have to get most or all of your money back without it getting back to .12