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xanadu

04/10/08 11:02 AM

#123345 RE: ThePennyGuru #123343

Check your math. One tick?

I started at 3c and down to a .0036 average now. I feel very safe?
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DERBENSKI

04/10/08 11:16 AM

#123348 RE: ThePennyGuru #123343

'ThePennyGuru'

Yea and then the whole lot averaged down to .0001 and RSed.

Averaging down is just another way to deny your paper losses.

Averaging down never works when you have someone sitting on top of you selling shares.

Derb
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Stocks4Fun

04/10/08 11:39 AM

#123357 RE: ThePennyGuru #123343

I can pick numbers out of a hat to make things look rosey too. But you seem to be forgetting that your first $1000 at 0.01 or 0.02 or even 0.03 is the amount you may never recoup with a dropping share price.

Logically IF you invested $1,000 in a stock that has fallen 95% WHY would you invest an additional $2,000. Because IR says things are happening? Or because someone else has explained that market manipulation is the ONLY reason for the poor share price? Have you even looked at what has happened and is happening with every stock Javelin is involved in? Talk about green.

You can keep averaging down all you want but when the bottom falls out, or the reverse split happens and the share price starts to fall again, then what?
Do you average down some more?