Replies to post #42363 on Applied DNA Sciences Inc (APDN)

[mrbigglessworth]

I simply dont have extra to average down anyway.

When we used to have a channel swing of 30ish cents I would trade a nice chunk in and out to make a few hundred per pop, but those days are over.

[mickyboy59]

for me the averaging down technique works mostly perfect. I do this especially when I buy some options. Lets say I want maybe 100 Options from share xy....I buy maybe 20 at the beginning...if it goes up enough, I sell. Mostly it goes down when I bought (he he he). Then I buy more with averaging down until I have my 100 (if necessary). Then I stop buying. And then I just keep them...and if you bought from a good company, sooner or later the price goes up again...and in multiple way of course the price from your options.
I did that several time the last months...Electronic Arts, Biogen, GM, Starbucks and a lot more...and I always won several 100% at the end. But of course it doesnt work always. I also lost sometimes the whole amount.

Anyway..if you are convinced from APDN.. buy more now....if not, sell everything

just my opinion

regards

mickyboy