Grinders and Gripers Coffee Shop Message Board

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Pastimes : Grinders and Gripers Coffee Shop

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To: The Osprey who wrote (186)	6/26/1998 8:26:00 PM
From: Savant	Read Replies (2) of 4201

What? Here I am, hungry again, my order's late and you didn't even tell me about the sticky buns. RE: Averaging down. Would like to provide one caveat. If an investor has done sufficient DD (Research? who me, no I believe everything every hypster tells me, Read? You've got to be kidding! What? Study the industry? No way! I use the dart method!) then I might suggest buying more of a good company is not a bad idea. Perhaps not every 10% down or so. I usually wait until the average price will be about 1/4-1/2 of what I originally paid. Oh sure every now and again it doesn't work, but over the long haul it has given me some good returns. Once again, (I can hear you thinking, but but but) one has to know the company, industry, management, and pet's first name to be effective this way. PS. If Randy Candy averages up enough, will she be wearing a G & G string?

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