Replies to post #57460 on Saddle Ranch Media Inc (SRMX)

[Smilin_B]

Averaging DOWN is when you are purchasing stock lower than where you initially purchased it.

Averaging UP is when you are purchasing stock HIGHER than where you initially purchased it, based upon strength of the move and the breakout into new highs.

And this particular scenario, because I do not trust Max Li, im choosing to do NOTHING

[lojack]

Maybe you do not realize what some of us are holding, and how much money it would take to average down. Maybe if the company was a bit more transparent, and longs didn’t have some trust issues already with the company we would throw more powder at it to average our pps down. Congrats to everyone that did get in low, hopefully people ride it, and don’t sell to bring us right back down!