InvestorsHub Logo
Replies to #2682 on Icoa Inc (ICOA)
icon url

Mango

08/22/10 7:22 PM

#2685 RE: jaydubs #2682

Average down. As an example, if you spend the same dollar amount to buy ICOA at .0002 as you did before, no matter what price you bought at before, when this stock reaches only .0004 you could sell and more than break even on your entire investment! The same would apply at .0003 and .0006, but of course one could hold for even bigger gains, as this should go well beyond that.

The point is to average down! It's what many of us do when our initial entry wasn't quite right, but yet we feel the stock will rebound.

Of course, that has to be your own decision, but that's what I would do with this one right now, as it looks ready to go.

good luck to you