I'm still buying and averaging down. Call it catching a falling knife if you wish and you will probably be right. The secret is not to put in more than you can afford to lose. Catch the knife by the handle and you dont cut cut.
like a moth to the flame
are your investments subsidized by the govt?
the views of some linas punters are becoming even more irrational, and desperate, as each day passes
some are still only in the first phase of the death/truth process - denial
the more energy (or money) that is put into the first phase the greater the effect it will have upon the 2nd phase.
guess what that is.
it also seems as if some wishful thinkers are TOUing the good, and reasonable, posts - give it up. it's not going to make any significant difference.
if you want to know where this share price can be taken to take a look at the unadjusted chart of RED - i don't see any probable reason why those averaging down will not lose essentially all of the money that they are putting into this apparent abyss
why?
because management have nothing to lose and the share-swapping instos have everything to gain
here is my summary of how things are:
nice body, shame about the face.
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B |
Open | High | Low | Value | Volume |
$7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 482 | $7.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.70 | 6582 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10846 | 7.670 |
1 | 10846 | 7.660 |
2 | 50931 | 7.650 |
1 | 13529 | 7.640 |
1 | 8662 | 7.630 |
Price($) | Vol. | No. |
---|---|---|
7.700 | 6582 | 1 |
7.730 | 8599 | 3 |
7.740 | 11135 | 2 |
7.750 | 8135 | 1 |
7.760 | 8135 | 1 |
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