Replies to post #47352 on Zion Oil & Gas Inc (ZNOG)

[Porgie Tirebiter]

That's correct. Averaging down is not a good strategy. Better to take the same money one would use to average down and buy a blue-chip dividend payer. Portfolio diversification. Never put all one's eggs in the same basket.

https://stockdisciplines.com/average-down-falling-stock/

There are a lot of good stocks that have become more affordable lately...

[Freedom1776]

This is true unless I do what I haven't done in the years of investing here...buy low, sell high.