Replies to post #39853 on DNA Brands Inc (DNAX)

[#1 PATRIOTS_RSOX FAN]

No ONE and I mean NO ONE wants to buy .0002 on this Fat Pig, 25 BILLION A/S and over 8 BILLION O/S. DNAX is primed for a 1500-1 RS.

That's 25 BILLION A/S, OUCH THAT HAS TO HURT

[Starlost]

WRONG!!! It's amazing how often I have to educate peeps on this very simple point. The majority of OTC "companies" at .0001 do what is called REVERSE SPLIT. Now although a RS does not technically lower your value, we all know what happens after a RS...the PPS plunges. And you will be sitting at a value less than .0001

You have been schooled.

It feels GOOD AS HELL to be in a position where there is no where to go but UP$$$$$$$$$

[Ed the Trader]

"That is a JOKE STATEMENT. Who the HELL averages UP."

Actually, averaging up to increase one's position in a stock with a reliably rising share price is a completely valid strategy.

It is more likely to result in profit than averaging down into a hopelessly declining stock price. Note that I am not designating DNAX as hopelessly declining. However, many chase stocks with more averaging down purchases all the way to what they think is the bottom at 0.0001, only to learn that a reverse split makes effective stock prices of 0.0000001, or less, possible.

Different circumstances warrant different strategies, and there are times when averaging up is appropriate. The current circumstances with DNAX do not appear to be one of them.