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namtae

03/31/23 12:05 PM

#197969 RE: PennyStockTrader2 #197968

Generally speaking, averaging down on junk companies like PCT usually results in a poor outcome

For example, averaging down can bring an investors average cost down from a much higher price, to 0.0061

However, if the price continues to slip further down to say .0016 (PCTLs current price), it would represent a 73% decrease in share price on a lot more shares being held

GLTY

cuggegrosse

03/31/23 2:08 PM

#197970 RE: PennyStockTrader2 #197968

I'm with u, I have stacked up from0.0016 down to 0.0014 and the selling will stop,it has happened before and I made a real killing,petience is a virtue..PCTL WILL SURVIVE AND THRIVE!!!!
Bullish
Bullish