Elite Pharmaceuticals Inc (ELTP): Hi there, Averaging down would cut yo...

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Re: snupoled post# 42639

Wednesday, 01/23/2013 12:05:11 PM

Wednesday, January 23, 2013 12:05:11 PM

Hi there,

Averaging down would cut your losses significantly once the shares starts moving back up. For instance, buying shares when it went to the 5s, 6s, and/or 7s would at least get you to break even, depending on the amount of shares purchased. Cheers!

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