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BaldInvestor

06/26/14 8:12 AM

#19006 RE: kid biscuit #19004

I have already averaged down to just below $0.009, but based on my total investment at this point, I'm unwilling to put any more cash into this stock, no matter how much I like it.
If I didn't have my limit already invested, then certainly I would continue to average down. In fact I did that at $0.0039 a couple weeks ago with a little over 1M shares added there.
If you believe in a stock, certainly averaging down is always wise when the opportunity presents itself, but you also need to know what your limit is to losing it all. IMHO, that's just smart investing.