I look out over the previous 12 months data whenever deciding to spend more than a little on a stock. If it hasn't been stable, I know it isn't wise to venture too far out onto the ice. A crack isn't the end but venture away from something fairly solid and yer just asking for a polar bear dip.
In as far as these forums go; evaders will evade any question put before them that doesn't begin with words, "average down". In this case, cuz Floyd Smith says so.....Whoop. Not impressed. Substance. There needs to be some substance for a while before a begger can hold out that hand once again IMO. Smith should know this by know...fool the people once, shame on him. Fool em twice, shame on the peeps.