News: ORG Origin Energy Revises FY21 Energy Markets Underlying EBITDA In Range Of $940-$1,020..., page-49

Hi Red Dirt Dan

Thanks for taking the time to reply back to me.

I will hold onto ORG, as alot of members are confident it will bounce back.

I have no issue of averaging down if i feel the business is fundamentally good to bounce back.

i have some success with averaging down.

But at the same time, i had some very bad disaster in averaging down i.e. cfo where i still cannot break even. And it has become a big portion of my portfolio.
In this particular situation, i am not sure if averaging down will work. By next week, this can become a 60% loss, currently 40%loss.

So, how will i know averaging down will work.?
Is there specific criteria that a stock needs to exhibit before one can start to average down.?

Thanks in advance.