Hello Tom,
Thank for that reply, it is amazing when you have been using a method for a long period of time you can explain things with a simple clarity that suddenly makes me go duh, I just didn't think of it that way but of course you are right.
A stock can go all the way up and you will still have some if it goes from $1 upto $100 but looking the other way it can go from $1 to 0 and you will be bankrupt (of course you would have to be silly to keep ploughing in more and more).
So, is the rule basically, after 1 buy, wait for a month before further purchases, except if you get a sell in the meantime (would have to be pretty volatile)?
I think I must be on my first anniversary of AIM. I'm looking forward to going through a complete cycle.
My CFU which I purchased in float at $1, subsequent buys at $0.77, $0.64 and $0.50 is now looking better at $0.605.
I would like to see it go to it's first sell level at around $1.
Regards
Neil