Green Leaf Innovations Inc (GRLF)

[steve48135]

Well we can't get much lower than where its at, a loss is a loss to me no matter by how much. So there is the averaging down option, but make sure you don't buy until its completely bottomed out. Otherwise averaging down becomes another bad investment. I 'averaged down' yesterday and it was a mistake because it fell lower than my average down entry point, defeating the purpose entirely. After these past two days of being repeatedly shanked in the kidneys, do not expect for it to climb much, if at all. These plays go in cycles.

The other option is to buy shares if it gets to .0001 or .0002 and then you have potential to profit when the price goes to 0.0010 and not wait until it gets to 0.03 again. Only then will averaging down truly be profitable. Averaging down any higher is going to be badly reflected in your portfolio because the chances of it diving below any entry price below where its at is high, but dropping below .0001 is almost impossible. Although this stradegy is a waiting game.