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Turtle65

08/26/16 5:09 PM

#71357 RE: Rkmatters #71348

Well said RK.....Right on point !!!! Thx again for the honest balance we need here, right now :)
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Pip611

08/26/16 5:19 PM

#71359 RE: Rkmatters #71348

Agreed, except the part about not averaging down. Someone who has 10,000 shares at $5 invested $50,000 and now for another measly $3200 he/she could double their position. They also get their avg PPS down to just over $2. Sounds like a smart move to me.
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Do Due Dilligence

08/26/16 5:26 PM

#71360 RE: Rkmatters #71348

I will give you an advice, if you are adding when the company starts talking you have to make sure you do it at a reasonable price unless of course it is IA or topline results.
If it goes to $5 after a short squeeze just on an investigation report that might not be a great timing to buy.

That is why you must add to position when sentiment is low and market cap a gift. If you are patient you will make a lot of money buying this stock.