Greenrose. I am holding the smallest of parcels - just to have SOME coverage. IF the price falls to sub $1.80, I would be keen to pick up some more. Same with FMG - I picked up the smallest parcel yesterday at $5.15. And essentially that's the way I am trading - just buying VERY small bites to limit my risk yet have some coverage.
I could lecture on not averaging down, how cheap a stock may be but would be shot down in a public forum. One trick I do is to forget what I paid for the share and just trade it again as if I as looking at it anew and I try to NOT to average down but trade my way out of a mess. I did this very successfully with RAUO.
Luck
iPod
MORNING SHOW HOST
BNB
babcock & brown limited
