EUTRO INVESTMENT GROUP EUTO (LONGS) Message Board

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Microcap & Penny Stocks : EUTRO INVESTMENT GROUP EUTO (LONGS)

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To: Emec who wrote (1200)	1/26/1998 5:17:00 PM
From: stockid	Read Replies (1) of 1667

I agree one hundred percent. It's all a matter of how long you really are. How much do you beleive in the company you have invested in. I got in ADGI at the 5 cent range. The company keeps coming out with news and deals. Boom it goes into the pre two cent range. Now either I could cut and run and say I was dumb....Or I can commit more mola and bring down my average...After more DD and writing down how long I was willing to stay with that pick....I bought more...so now my average is all the way down to .016. Now, from following the history of adgi. I know that some time this year it's going to do a quick pop up, I will regain my investment and take out whatever profit I feel is warranted and let the rest run. But, by slashing my average the stock does not have to go all the way back to 5 cents...it now only has to go over 2 cents (considering the commision) and I'm a winner. So, in essence the theory of averaging down is a sound one... if you believe in the company and you trust your investment insticts. SK PS. Please don't take my example as a reason to buy into ADGI. I would not recommend this issue because the float is tremendous.

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