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Re: neophyte184 post# 38707

Tuesday, 04/02/2013 11:21:44 AM

Tuesday, April 02, 2013 11:21:44 AM

Post# of 79678
I average down with my shares at hand! I believe it's the best way to do so in a down trend. I tend to hold roughly 50% of my position while continually flipping the rest to average down while using the same funds, that way if it does go kaploop you've only used the same initial funds :)! I believe we have something good here and will continue to hold my shares! We have opportunity most companies don't, plus a relatively small amount of shares outstanding! Though I feel bad for those who bough high, if you do truly believe averaging down is good IMO. I did my cycle with ER*B and Am sitting on a .0053 average even though I have plenty buys above .01.

I find it funny that words said and emotions have more of a play at pps than what companies are doing and actual fundamentals at play. Today was rough I'm not going to lie. But I look ahead with high hope as I truly feel the market runs on 95% pure speculation, therefore it is not so important the numbers that last year held but this years, next years, and the years after that. FORWARD earnings and FORWARD projections are key! Growth of a sector is very important if you are holding an investment not trading it. As you can have a huge profitable company, but if you cannot grow or expand/increase operations and/or generate ever better revenues you are likely to get no further than the point you are at! Take A*PL for example!

GLTA!