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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Salvador Solache who wrote (4315)1/25/1999 8:05:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 15987
 
Buying more shares at a lower price...

MM



To: Salvador Solache who wrote (4315)1/25/1999 8:07:00 PM
From: The Osprey  Read Replies (2) | Respond to 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



To: Salvador Solache who wrote (4315)1/25/1999 10:08:00 PM
From: Popiye  Respond to of 15987
 
With respect to the tread, averaging down with high-risk pink sheet stocks is very much like peeing into the wind. I do not pee into the wind. Which reminds me of another story.. my wife asked me recently why I do not wash my hands after peeing - I told her I learned how to pee without getting my fingers wet. Best wishes:)


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