Averaging down is for suckers. Insiders love to hear about it.
I bought SMKY when I did because I believed it was real. If I was right, as a true long, it will pay off. If I was wrong at that time, I will lose my investment. I will by my decision, but that doesn't mean I'll throw more money at it when all the red flags keep popping up. Like this cheap, unsustainable crapflood.