Replies to post #21675 on PHI Group Inc (PHIL)

[Space_Monkey]

It’s all a pipe dream at this point.

I can’t justify putting any more money into this. If a few of my other investments pan out and I get a new bump in cash I’d consider buying just to avg down one more time to make my exit easier or maybe even make a little on an inevitable bump. That being said we keep trending down and averaging down has not been a worth while venture and I should just exit my position as soon as it recovers enough.... if it doesn’t to me the moneys already spent and I’ll just be a bag holder and ride it to zero hoping for a miracle.... right now the couple hundred bucks I could get for my shares don’t make a dent in my loss. Lessons learned here I played this one poorly and the company hasn’t done me any favors.