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To: HandsOn who wrote (22739)8/6/1998 12:37:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 27968
 
Just out of curiosity, when you say "double down", do you mean double your shares or double your investment?

TG



To: HandsOn who wrote (22739)8/6/1998 8:49:00 AM
From: Omnichrome  Read Replies (1) | Respond to of 27968
 
That's a decision only you can make. It's sometimes difficult to know whether you are "averaging down" or "throwing good money after bad".
You have to use your own judgment and gut feel. The old cliche holds:
"ya pays yer money and takes yer chances" . Hope this helps.

Be careful out there.



To: HandsOn who wrote (22739)8/6/1998 10:38:00 AM
From: Lonnie A.  Read Replies (2) | Respond to of 27968
 
Don't be to hard on yourself. Many, including myself, did the same thing.

Lonnie



To: HandsOn who wrote (22739)8/9/1998 1:40:00 AM
From: Sigmund  Read Replies (1) | Respond to of 27968
 
<<<< It would lower My cost by more than 35% if I double down here at .12. <<<<<<

If Arif obtained additional shares, perhaps he was averaging down.
If the stock goes up, averaging down will look like a winning strategy.


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