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Pumpadumphilus

06/09/07 10:45 AM

#9056 RE: ironwill23 #9055

It can be depressing when you see a stock in the red. Remember, you only lose or gain when you sell it. People show the SPNI graph and try to relate it to CMTN. To me they are completely different companies and the low of SPNI cannot be compared to CMTN. Best of luck to you.

EddieRox

06/09/07 3:44 PM

#9061 RE: ironwill23 #9055

If you could muster up another $500 to buy at these levels, that certainly would help your position down the road. You'd be at even keel alot sooner.
That's what I did. brought my average pps from 1.90 to 1.70 and now sitting around 1.30 with my addition friday.
Only do this in companies you believe in though like CMTN.
D

chart_md

06/09/07 6:38 PM

#9062 RE: ironwill23 #9055

** Averaging down with good companies is a great way to make big $$.

I did it last year with AURC...when I brought my average down from 0.18 to 0.10 (while the stock languished)...

About 2 weeks after averaging down, AURC ran to 0.40, and I cashed out at 0.38 with mid-5 figure profits.

Also did it with CMTN...brought my average down from 1.10 to 0.70 back in April..