what is to like here..., page-24

there is no pain when you dont care about the money. im down about 4k now since i bought in but its irrelevant because i have plenty of liquidity left and could elect to sell now and move on- no bitterness or sadness, just acceptance of a failed attempt knowing there are tons of opportunities left in the future. it would be silly for me to sell now though when i believe the short squeeze is imminent, which would be a better time to sell.

nobody knows what this company should be worth at this point in time, thats the beauty of getting in now.

buying into complete capitulation has its merits. yes youre right you should have a certain way of managing your position buying and selling with the price movements to reduce your downside risk by reducing your average.

the key to playing down trending stocks is 1) make sure the company isnt on the verge of bankrupcy and 2) if you have been buying and selling on the way down for X amount of dollars, so long as you have more shares than your initial position, then you are overall improving your position with the same amount of money and no additional capital commitment. not for the faint hearted but its worked for me so far.

gltah and dyor