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pennybaby

05/29/13 10:40 AM

#17515 RE: Murdoc #17511

LMBO!
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JMANTN

05/29/13 10:49 AM

#17521 RE: Murdoc #17511

Yes!!!

Averaging down is the term.

If I bought at 14's and sell at 10's and buy at 7' or 8's then I come away with MORE shares.

Take $1000
@14
714,285 shares

Sell @ 10
$714.28

Buy @ 7
1,020,408 shares