Thanks Tom for connecting it to the amount needed to recoup a loss. I hadn't thought of it that way. It sort of makes sense in that that approach makes for smaller moves on the buy side so one can accumulate more shares. And it makes sense in that, historically, things go up more than they go down, if you have patience.
So it would also make sense that the sell side waits a bit more before executing to take advantage of the overall trend in pricing.
Best to you and yours,
Allen