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Value_Investor

05/10/16 1:49 PM

#96898 RE: rickjc #96897

Purely luck? Six years ago I bought another non-reporting OTC stock from as high as 0.008 to as low as 0.0001. I did the same: all the way Average-Down from 0.008 to 0.0001. Later it exploded 55-Bagger from 0.0001 to 0.0055. I successfully made even during the huge rally due to A-D! Otherwise I would still be stucked there since the price never went to higher than 0.0055 and my first position was 0.008 a share!

That is the Power of A-D! If you don't do any A-D then there is no way you can make even from a very deep paper loss position!