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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: Salvador Solache who wrote (4315)1/25/1999 8:07:00 PM
From: The Osprey  Read Replies (2) of 15987
 
When a stock drops 36.1% in a day like DCHT it is a method of averaging down your cost so as to be able to get out at a lower price or reducing your average cost so if a stock runs your profits are enhanced.In a down market it can also amplify your losses if it drops below your average quickly.......This is very simple and Mr. Metals can probably answer it better if I have not explained it well enough.

Osprey
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