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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: BarbaraT who wrote (3615)9/2/1998 2:17:00 PM
From: Loren S.  Read Replies (2) of 6931
 
Barbara, I think too much is made of the concept of averaging down. Yes the losses look nasty when we are at $.29. But really what difference does it make if you have an average buy in price of $.50 versus $.38? The stock and company are either going to make it or not. Most of us here believe it will make it. If it makes it, most of us believe the company is on a path to growth and the stock will eventually rise to reflect that growth. If and when the stock reaches $1.00 or much more, what difference did it make if your average buyin price was $.50 or $.37? If I make give you unwanted or wanted advice I would say you are already too loaded up in this stock, regardless of its promise, and just let the thing ride.
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