Premier Brands Inc.(fka BRND)

[SynthTrader]

I'm not bashing or pumping, but just giving a little technical advise. If, as you say, you are in at .028 and hoping for the shares to get close to that price so that you can get out with minimal loss, then it would be wise to make it a lot easier on yourself by averaging down.

Let's say that you have 20,000 shares at .028 (cost = $560)
Spending the same dollar amount at .01 buys you 56,000 shares.
That would bring your share count to 76,000 with an average cost of .0147

As a result, arriving at .0147 would allow you to sell and get out without a loss (other than trade fees). Without averaging down, a sell at .0147 would net you a loss of $266 (nearly half your money lost).

You probably know this, but "averaging down" can save your skin in a volatile stock. With that being said, averaging down can also be deadly if a stock is on a death spiral into the abyss. But rarely does a stock fall without some technical bounces along the way. Playing the 50-DMA bounce on this stock would have helped quite a bit. From our example, buying $560 in shares at .007 yesterday would have brought your "get out of this stock" price down to .0112 which looks to be hitting very soon