Weeds are stocks killing my portfolio. The only thing averaging down does at this point is improve my %loss. It doesn’t make me more money.
I will average down when I see a turn around in AR9s graph and metrics. Cash flow positive is the first step but now will need sustained growth to support further investment.
Money I have available I put into stocks trending up.
Not ones that I think might trend up.
Recently I put 30k into Duratec at $1.05., it’s now around $1.30. If I put that money into AR9 at the same time I would probably be down or flat.
Hope that helps.
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Last
6.9¢ |
Change
0.001(1.47%) |
Mkt cap ! $19.77M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.9¢ | $2.042K | 29.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 216745 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 37943 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 216745 | 0.069 |
3 | 320506 | 0.068 |
2 | 104477 | 0.067 |
4 | 220538 | 0.066 |
1 | 7698 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 37943 | 3 |
0.074 | 66155 | 1 |
0.075 | 10000 | 1 |
0.077 | 180000 | 1 |
0.078 | 10000 | 1 |
Last trade - 13.16pm 13/11/2024 (20 minute delay) ? |
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AR9 (ASX) Chart |