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antisubmarinewarfare

08/19/08 9:16 PM

#15574 RE: antisubmarinewarfare #15553

Well... waiting to see an uptrend before averaging down turned out to have saved me from making things worse, this time. Had funds at the ready to buy a crapload of .008s. I bet 100% wrong on this one. Sorry for anything positive I said about this company. Chickenshitz couldn't even give us the bad news via P/R.

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We must weigh the benefit of buying at the Absolute Bottom against the chance that we may jump in too soon and buy more prior to reaching true bottom. Many feel it better to pay a bit more by waiting to see by the indicators that an uptrend has begun. ~ASW~

Sounds like we agree on most points except the time to average down. Because of the low float on this stock, once the buying starts .009 isn't gonna be around very long.
But I get your strategy and if it works for you great.